9911796707
TMI Blog2023 (3) TMI 1442X X X X Extracts X X X X X X X X Extracts X X X X ..... 020 & 13195, 14796, 14800 & 19690 of 2022 and WMP. Nos. 11021 of 2020 & 12545, 13998, 14001, 18736, 18738, 18740 & 19016 of 2022 - - X X X X Extracts X X X X X X X X Extracts X X X X ..... he order that is proposed to be passed, I see no need to order these miscellaneous petitions now. 4. It is the specific case of the petitioners, that a private discretionary trust acquires the status of an individual, and that the trustees of a discretionary trust must be assessed under that status. Reliance is placed upon the judgements in (i) Commissioner of Wealth Tax, Andhra Pradesh, Hydera ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ary trusts', if the total income exceeds ten lakh rupees, to electronically furnish return of income for assessment year 2012-13.According to the learned counsel for the petitioner, the petitioner was filing its returns electronically for a period thereafter taking benefit from the exemption granted as above. 7. However, it was unable to do so with effect from AY 2019-2020 and thereafter. The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the inclusion of functionalities as sought for, would be unnecessary and redundant for more than Rs. 2 crores of natural individuals and HUFs who presently use that very Form. In all, the respondents urge that the prayer of the petitioner is liable to be rejected in toto. 10. Having heard both Mr.Suhirth Parthasarathy, learned counsel for the petitioner and Dr.B.Ramaswamy, learned Senior Standin ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
