https://www.taxtmi.com/highlights?id=68285 Exemption u/s 11 - enhancing the addition - accumulation of income - it is the only profits and gains derived from the incidental business of the assessee charitable-trust i.e. its pharmacy business, which would qualify as income for the purpose of computing the statutorily allowed accumulation at the rate of 15% in terms of section 11(1)(a) of the Act. - AT en-us Wed, 15 Feb 2023 12:57:51 +0530 Wed, 15 Feb 2023 12:57:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=68285 Exemption u/s 11 - enhancing the addition - accumulation of income - it is the only profits and gains derived from the incidental business of the assessee charitable-trust i.e. its pharmacy business, which would qualify as income for the purpose of computing the statutorily allowed accumulation at the rate of 15% in terms of section 11(1)(a) of the Act. - AT Highlights Income Tax Wed, 15 Feb 2023 12:57:51 +0530 https://www.taxtmi.com/highlights?id=68285