Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1989 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1989 (1) TMI 115 - MADRAS HIGH COURTExtract: .......ian Trusts Act to hold that there was a resulting trust in favour of the husband and wife and that the share income from the trust funds has to be assessed in the hands of the assessees. We, therefore, answer the question referred to us in the negative and in favour of the assessees. There will be, however, no order as to costs in these references.
|