https://www.taxtmi.com/caselaws?id=411896 The Tribunal allowed the appeal by the trust, directing the AO to permit accumulation of income for charitable purposes based on gross receipts as claimed by the trust under section 11(1)(a) of the Income Tax Act for Assessment Year 2014-15. The decision emphasized the importance of adhering to legal provisions and relevant judicial interpretations in determining tax liabilities and rectifying errors that are apparent on the face of the record. en-us Fri, 03 Sep 2021 00:00:00 +0530 Mon, 06 Sep 2021 11:26:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411896 The Tribunal allowed the appeal by the trust, directing the AO to permit accumulation of income for charitable purposes based on gross receipts as claimed by the trust under section 11(1)(a) of the Income Tax Act for Assessment Year 2014-15. The decision emphasized the importance of adhering to legal provisions and relevant judicial interpretations in determining tax liabilities and rectifying errors that are apparent on the face of the record. Case-Laws Income Tax Fri, 03 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411896