TMI BlogIf the assessee makes investments or deposits in the scheduled bank and claims the deposits as...If the assessee makes investments or deposits in the scheduled bank and claims the deposits as accumulated for the purpose of section 11(1)(a) or 11(2), the investment or deposit cannot be disallowed only for the reason that application of money was not for the object of the society. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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