https://www.taxtmi.com/caselaws?id=792952 Government Salary Grant received under a scheme earmarked for salary payment was not income available for application or accumulation under section 11(1)(a) because the assessee had no dominion or beneficial ownership over the funds and acted only as a conduit for disbursement. A receipt burdened with a specific and binding utilisation obligation does not acquire the character of income capable of discretionary application or accumulation. The grant was therefore excluded from the base for computing accumulation. en-us Mon, 04 May 2026 00:00:00 +0530 Sat, 06 Jun 2026 08:42:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792952 Government Salary Grant received under a scheme earmarked for salary payment was not income available for application or accumulation under section 11(1)(a) because the assessee had no dominion or beneficial ownership over the funds and acted only as a conduit for disbursement. A receipt burdened with a specific and binding utilisation obligation does not acquire the character of income capable of discretionary application or accumulation. The grant was therefore excluded from the base for computing accumulation. Case-Laws Income Tax Mon, 04 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792952