https://www.taxtmi.com/manuals?id=2494 Section 343 computes deemed accumulated income from regular income after reducing income applied under section 341 and income accumulated or set apart under section 342. The remaining balance, limited to 15% of regular income, is deemed accumulated income. This amount is distinct from formal accumulation for a specified purpose and period under section 342 and is not part of its five-year accumulation mechanism. If invested or deposited, it must be placed through a mode permitted under section 350. en-us Wed, 15 Mar 2023 18:17:00 +0530 Mon, 28 Sep 2026 12:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2494 Section 343 computes deemed accumulated income from regular income after reducing income applied under section 341 and income accumulated or set apart under section 342. The remaining balance, limited to 15% of regular income, is deemed accumulated income. This amount is distinct from formal accumulation for a specified purpose and period under section 342 and is not part of its five-year accumulation mechanism. If invested or deposited, it must be placed through a mode permitted under section 350. Manuals Income Tax Wed, 15 Mar 2023 18:17:00 +0530 https://www.taxtmi.com/manuals?id=2494