https://www.taxtmi.com/manuals?id=1235 Exemption is automatically denied for the previous year when commercial receipts exceed the prescribed threshold, without need for cancellation proceedings; additionally, accumulation benefits are denied if the statement of accumulation or the return of income is not furnished on or before the statutory due date, though Forms 10 and 9A should be filed earlier to facilitate audit review. en-us Mon, 28 Sep 2015 10:46:00 +0530 Thu, 25 Apr 2024 16:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1235 Exemption is automatically denied for the previous year when commercial receipts exceed the prescribed threshold, without need for cancellation proceedings; additionally, accumulation benefits are denied if the statement of accumulation or the return of income is not furnished on or before the statutory due date, though Forms 10 and 9A should be filed earlier to facilitate audit review. Manuals Income Tax Mon, 28 Sep 2015 10:46:00 +0530 https://www.taxtmi.com/manuals?id=1235