Form 10 Rejection: Income Accumulation Disallowed, But Assessee Eligible for Excess Income Over Expenditure for Assessment Year.

Form 10 Rejection: Income Accumulation Disallowed, But Assessee Eligible for Excess Income Over Expenditure for Assessment Year. https://www.taxtmi.com/highlights?id=26709 Disallowance of the accumulation of income - rejection of Form 10 - assessee has not filed the resolution of the society for the specific purpose mentioned in the letter - assessee is eligible for accumulating the excess of income over the expenditure for the relevant assessment year - AT en-us Thu, 31 Dec 2015 15:10:03 +0530 Thu, 31 Dec 2015 15:10:03 +0530 TaxTMI RSS Generator Form 10 Rejection: Income Accumulation Disallowed, But Assessee Eligible for Excess Income Over Expenditure for Assessment Year. https://www.taxtmi.com/highlights?id=26709 Disallowance of the accumulation of income - rejection of Form 10 - assessee has not filed the resolution of the society for the specific purpose mentioned in the letter - assessee is eligible for accumulating the excess of income over the expenditure for the relevant assessment year - AT Highlights Income Tax Thu, 31 Dec 2015 15:10:03 +0530 https://www.taxtmi.com/highlights?id=26709