Belated Form 10 for accumulation of income allowed as trust believed it applied 85% income
May 2, 2023
Income Tax, ITAT
Belated Form 10 allowed as trust had reasonable belief it has applied 85% of income for charitable purposes and not required to file Form 10 for accumulation of income ABCAUS Case Law Citation:ABCAUS 3729 (2023) (05) ITAT In the instant case, the assessee had challenged the order passed …