Allowability of accumulation u/s 11(2) of the income assessed ...

Income Accumulation Benefits u/s 11(2) Apply Only to Direct Property Income, Not Deemed Income u/s 11(3)(c).

August 16, 2019

Case Laws Income Tax AT

Allowability of accumulation u/s 11(2) of the income assessed u/s 11(3)(c) - the benefit of accumulation shall be available only to the “income derived from the property” and not to “deemed income”, since the income assessed u/s 11(3) cannot be considered to be an income derived from the property, same is not be eligible to accumulate

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Allowability of accumulation u/s 11(2) of the income assessed ...

Income Accumulation Benefits u/s 11(2) Apply Only to Direct Property Income, Not Deemed Income u/s 11(3)(c).

August 16, 2019

Case Laws Income Tax AT

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