https://www.taxtmi.com/caselaws?id=267364 The Tribunal held that the appellant is entitled to a flat deduction of 15% under Section 11(1)(a) without filing Form No.10. Compliance with Section 11(2) is necessary for accumulation beyond 15%. The Tribunal directed the Assessing Officer to verify the investment condition under Section 11(2)(b) and reconsider the matter after granting a hearing to the assessee. The appeal was allowed for statistical purposes. en-us Fri, 15 May 2015 00:00:00 +0530 Wed, 04 Nov 2015 22:42:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267364 The Tribunal held that the appellant is entitled to a flat deduction of 15% under Section 11(1)(a) without filing Form No.10. Compliance with Section 11(2) is necessary for accumulation beyond 15%. The Tribunal directed the Assessing Officer to verify the investment condition under Section 11(2)(b) and reconsider the matter after granting a hearing to the assessee. The appeal was allowed for statistical purposes. Case-Laws Income Tax Fri, 15 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267364