https://www.taxtmi.com/forum/issue?id=120109 Whether a charitable trust may deploy accumulated funds earmarked for one specific object towards another specific object when both expenditures fall within its charitable purposes. The trust created two separate accumulations under Accumulated Funds u/s.11(2) for Building Fund and Laboratory Fund and later plans building renovation exceeding the Building Fund balance; the question asks whether surplus from the Laboratory Fund can be used for the excess and what procedural steps must be taken before such utilization. en-us Sun, 08 Jun 2025 21:09:28 +0530 Sun, 08 Jun 2025 21:09:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120109 Whether a charitable trust may deploy accumulated funds earmarked for one specific object towards another specific object when both expenditures fall within its charitable purposes. The trust created two separate accumulations under Accumulated Funds u/s.11(2) for Building Fund and Laboratory Fund and later plans building renovation exceeding the Building Fund balance; the question asks whether surplus from the Laboratory Fund can be used for the excess and what procedural steps must be taken before such utilization. Discussion-Forum Income Tax Sun, 08 Jun 2025 21:09:28 +0530 https://www.taxtmi.com/forum/issue?id=120109