https://www.taxtmi.com/acts?id=9676 Where a trust or institution that had invested or deposited its income under the accumulation/investment provision is dissolved, the Assessing Officer may allow application of such invested or deposited income for the purposes specified under clause (d) in the year of dissolution, enabling the treated conversion of accumulated or invested funds into applied funds upon dissolution, subject to the Assessing Officer's discretion. en-us Wed, 22 Oct 2008 08:51:52 +0530 Wed, 22 Oct 2008 08:51:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=9676 Where a trust or institution that had invested or deposited its income under the accumulation/investment provision is dissolved, the Assessing Officer may allow application of such invested or deposited income for the purposes specified under clause (d) in the year of dissolution, enabling the treated conversion of accumulated or invested funds into applied funds upon dissolution, subject to the Assessing Officer's discretion. Act-Rules F. Acts / Amendment Acts Wed, 22 Oct 2008 08:51:52 +0530 https://www.taxtmi.com/acts?id=9676