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Case Law Details

Case Name : Senior Citizen Santacruz (Paschim) Sanstha Vs CIT (ITAT Mumbai)
Related Assessment Year : 2017-18
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Senior Citizen Santacruz (Paschim) Sanstha Vs CIT (ITAT Mumbai)

Section 11(2) Accumulation Allowed Despite Vague Form 10: ITAT Mumbai Holds Substantial Compliance Sufficient

The Mumbai ITAT (G-Bench) allowed the appeal of a charitable trust for AY 2017-18 and deleted the denial of accumulation of ₹70.37 lakh under Section 11(2), which had been rejected solely because Form No.10 mentioned the purpose of acc

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