https://www.taxtmi.com/caselaws?id=299705 The Tribunal allowed the appeal by the assessee, directing the AO to accept the claim of the assessee regarding the application of income and accumulation under Section 11(2) as made by the assessee. The Tribunal emphasized that the identity of the funds as either accumulation of AY 2011-12 or income of AY 2012-13 was not possible, and hence, the assessee's claim was in order. en-us Wed, 08 Aug 2018 00:00:00 +0530 Sun, 26 Dec 2021 09:28:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299705 The Tribunal allowed the appeal by the assessee, directing the AO to accept the claim of the assessee regarding the application of income and accumulation under Section 11(2) as made by the assessee. The Tribunal emphasized that the identity of the funds as either accumulation of AY 2011-12 or income of AY 2012-13 was not possible, and hence, the assessee's claim was in order. Case-Laws Income Tax Wed, 08 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299705