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Provisions of longer period in the matter of accumulation of property under Section 17 of T.P. Act…

Under s.17 TPA a direction for accumulation of income is valid for the longer of the life of the transferor or a period of "18 years" from the date of transfer.

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Provisions of longer period in the matter of accumulation of property under Section 17 of T.P. Act amounts to

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Under s.17 TPA a direction for accumulation of income is valid for the longer of the life of the transferor or a period of "18 years" from the date of transfer.

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