Charitable and religious trusts--Applications for accumulation of income under section 11(2) of the I.T. Act, 1961--Condonation of delay--Regarding

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....sioners of Income-tax. Subject : Charitable and religious trusts--Applications for accumulation of income under section 11(2) of the I.T. Act, 1961--Condonation of delay--Regarding. Sir, Charitable and religious trusts are entitled to exemption from income-tax under section 11 of the I.T. Act, 1961, after they fulfil the requirements enumerated in sections 11 to 13. These trusts are allowed to....