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2003 (3) TMI 92 - HC - Income Tax"A. Whether, on the facts and circumstances of the case, the Tribunal is justified in holding that the accumulation of income by the assessee under section 11(2) of the Income-tax Act, 1961 (hereinafter referred to as 'the Act'), for all objects for which the trust was created and not for specific purpose was neither prejudicial nor erroneous to the interests of the Revenue ? - B. Whether section 11(2) of the Act makes it necessary for the assessee to make specific mention of any purpose or purposes to enable it to accumulate the income?" - It is not the case of the Revenue that any of the objects of the assessee-company were not for charitable purpose. - finding by the Tribunal is essentially a finding of fact giving rise to no question of law. We, accordingly, decline to entertain the appeal.
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