https://www.taxtmi.com/caselaws?id=123065 The Appellate Tribunal upheld that the assessee trust was entitled to accumulate income under section 11(2) of the Act. The Tribunal found that the purposes mentioned in Form No. 10 were specific within the trust's charitable objectives. The revenue's appeal was dismissed, affirming the trust's right to accumulation and charitable activities. en-us Fri, 26 Jun 2009 00:00:00 +0530 Sat, 01 Sep 2012 11:39:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123065 The Appellate Tribunal upheld that the assessee trust was entitled to accumulate income under section 11(2) of the Act. The Tribunal found that the purposes mentioned in Form No. 10 were specific within the trust's charitable objectives. The revenue's appeal was dismissed, affirming the trust's right to accumulation and charitable activities. Case-Laws Income Tax Fri, 26 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123065