Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1980 (4) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1980 (4) TMI 217 - AT - Income TaxExtract: .......rust is discretionary, factually it is not so. Though there is accumulation, if any, it is for the benefit of minors and only the manner in which the beneficiaries will have to enjoy are left to the best discretion of the trustees and, therefore, we have no hesitation in upholding the order of the AAC. They are upheld and the appeals are dismissed.
|