https://www.taxtmi.com/caselaws?id=420969 The Tribunal partly allowed the appeal, directing the AO to permit the set-off of excess utilization of funds and accumulation of income as claimed by the assessee. The Tribunal deemed the orders of the AO and CIT(A) as erroneous and not in accordance with established legal principles. The appeal outcome was pronounced on 12th April 2022. en-us Tue, 12 Apr 2022 00:00:00 +0530 Wed, 13 Apr 2022 23:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420969 The Tribunal partly allowed the appeal, directing the AO to permit the set-off of excess utilization of funds and accumulation of income as claimed by the assessee. The Tribunal deemed the orders of the AO and CIT(A) as erroneous and not in accordance with established legal principles. The appeal outcome was pronounced on 12th April 2022. Case-Laws Income Tax Tue, 12 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420969