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2007 (5) TMI 190 - ALLAHABAD HIGH COURTBeneficiaries of trust – whether the assessment should have been made as an AOP – reason given by the Income-tax Officer for assessment as AOP was that the shares of the beneficiaries were not determinate – Commissioner did not agree with the AO’s view because the share of each of the four beneficiaries had been specified by the trust deed itself – Tribunal was right in law in holding that the assessment in the hands of the trust should be framed u/s 161, not as Association of Persons
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