Compliance of provisions of Sec.11(2) & 11(3).

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....ithin the prescribed period specifying the object of accumulation, the period of accumulation and the amount sought to be accumulated. The amount sought to be accumulated is also required to be invested in the forms and modes prescribed in section 11(5) of the Act. 2. Under section 11(3) of the Act, if any income which is accumulation in terms of section 11(2) is (i) applied for a purpose other t....

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....x Officer to ensure that the income which is allowed to be accumulated with his permission, is brought within the discipline of section 11(2) read with section 11(3) . With a view to ensuring that the Income-tax Officer maintains a check on the fulfilment of provisions of section 11(2) and 11(3), a register is prescribed as given in Annexure I. This register is maintained by the Income-tax Officer....