Income accumulated us 11(2) not deemed income when transferred from capital fund – ITAT
June 1, 2018
Income Tax, ITAT
Income accumulated us 11(2) not deemed income when transferred from capital fund account to the income and expenditure account for utilisation within time allowed u/s 11(3)(c)-ITAT The instant appeal was preferred by the Revenue against the order passed by the Commissioner of Income Tax (Appeals) in deleting the …