Accumulated Funds u/s. 11(2) made for two specific objects, can Trust utilize one specific object funds u/s. 11(2), towards another specific object as per charitable purpose
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....ccumulated Funds u/s. 11(2) made for two specific objects, can Trust utilize one specific object funds u/s. 11(2), towards another specific object as per charitable purpose<br> Query (Issue) Started B....
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....y: - PRIYAM KHAMBHATA Dated:- 8-6-2025 Income Tax<br>Income Tax<br>Respected Sir, `A' -Charitable Trust has made accumulation u/s.11(2) for Rs.1000000 towards Building Funds and Rs.500000 towards....
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.... Laboratory Funds in AY 2022-23, Subsequently, during the FY 2025-26 relevant to AY 2026-27, `A' - Charitable Trust would plan to incur Building Renovation Expenditure about Rs.1250000. In this co....
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....nnection, can `A - Charitable Trust utilize the excess Rs.250000 towards building renovation expenditure, out of Laboratory Funds of Rs.500000. In view of the above scenario, what would be the action....
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.... taken by `A' - Charitable Trust, before utilization of Rs.250000 towards building renovation expenditure, out of the accumulated funds of Laboratory Funds - Rs.500000. Please guide me<br> Discus....
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