https://www.taxtmi.com/caselaws?id=278336 The Tribunal affirmed the right of a charitable trust to accumulate 25% of income derived from property held under trust for charitable purposes, as clarified in the Supreme Court's judgment. The Revenue's appeal was dismissed, emphasizing that accumulation under section 11(1)(a) is not restricted to a specific balance after charitable applications but extends to the total income received by the trust. en-us Tue, 29 Sep 2015 00:00:00 +0530 Sat, 26 Jan 2019 09:26:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278336 The Tribunal affirmed the right of a charitable trust to accumulate 25% of income derived from property held under trust for charitable purposes, as clarified in the Supreme Court's judgment. The Revenue's appeal was dismissed, emphasizing that accumulation under section 11(1)(a) is not restricted to a specific balance after charitable applications but extends to the total income received by the trust. Case-Laws Income Tax Tue, 29 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278336