https://www.taxtmi.com/caselaws?id=217952 The Tribunal dismissed the Revenue's appeal and upheld the decision of the CIT(A) regarding the allowance of accumulation claimed under section 11(2) of the IT Act, 1961. The Tribunal confirmed that the assessee had specified the purposes of accumulation in accordance with the law, directing the Assessing Officer to allow the benefit of accumulation totaling Rs. 29,33,907. en-us Fri, 27 Apr 2012 00:00:00 +0530 Fri, 26 Oct 2012 18:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217952 The Tribunal dismissed the Revenue's appeal and upheld the decision of the CIT(A) regarding the allowance of accumulation claimed under section 11(2) of the IT Act, 1961. The Tribunal confirmed that the assessee had specified the purposes of accumulation in accordance with the law, directing the Assessing Officer to allow the benefit of accumulation totaling Rs. 29,33,907. Case-Laws Income Tax Fri, 27 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217952