ITAT deleted additions as no evidence was found that assessee-society had accumulative profits before merger

INCOME TAX: Where assessee, a charitable society got merged with another society in relevant year which was not charitable in nature and, AO in such a situation, completed assessment making addition of accumulated profit to assessee's income, since there was no evidence on record to establish any accumulation of profit under section 11(2) by assessee-society in earlier assessment year, impugned addition made by Assessing Officer deserved to be set aside

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