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2002 (9) TMI 63 - HC - Income TaxTrustee - Representative Assessee - "1. Whether, Tribunal was right in holding that the assessment of the assessee's case was misconceived and setting it aside with a direction to the Income-tax Officer to frame fresh assessment in accordance with law? - 2. Whether, the Appellate Tribunal's view that the share of the beneficiaries are clearly known and determinate is reasonable, supported by valid material and sustainable in law? - 3. Whether the Appellate Tribunal's view that the lottery prize money and 2/3rds of the income did not accrue to the trust/beneficiaries and could not be considered for assessment is reasonable, supported by valid materials and sustainable in law? - 4. Whether the Appellate Tribunal's view that it is not possible to make an assessment in the status of association of persons/body of individuals is reasonable, supported by valid materials and sustainable in law?" - The questions referred to us are, therefore, answered in favour of the assessee, and against the Revenue with the clarification with regard to question No. 3 that the accrual was to the trust though not to the beneficiary in that year.
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