https://www.taxtmi.com/manuals?id=3816 Tax on accreted income is imposed to prevent misuse of charitable tax exemptions and arises where a trust is converted into a form ineligible for statutory registration or approval; where it is merged with an entity without similar charitable objectives and without registration or approval; or where on dissolution the trust does not transfer all assets to a registered or approved charitable institution within twelve months of dissolution. en-us Wed, 20 Dec 2023 16:00:00 +0530 Wed, 03 Jan 2024 15:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3816 Tax on accreted income is imposed to prevent misuse of charitable tax exemptions and arises where a trust is converted into a form ineligible for statutory registration or approval; where it is merged with an entity without similar charitable objectives and without registration or approval; or where on dissolution the trust does not transfer all assets to a registered or approved charitable institution within twelve months of dissolution. Manuals Income Tax Wed, 20 Dec 2023 16:00:00 +0530 https://www.taxtmi.com/manuals?id=3816