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(Querist)
07 February 2009 Hi
Can we spent 15% kept aside u/s11(1)a in future or should it be accumulated forever.Please also provide some case laws

Regards

Rashmi
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
07 February 2009 You can spend in future. It is not compulsory that you should go on accumulating the same.
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