firm as a constructive trustee with an obligation to hold the same for the benefit of his two minor sons under ... two minor sons or was carrying on business of the firm for the common benefit of himself and his two minor sons
KVKs. It was further averred that due
to internal disputes between two warring groups for the management and
control, the work and the functioning ... salaries to the staff; that the dispute between the two
groups of Trustees has nothing to do with the payment of salaries to the
petitioners
ORDER
G. Rohini, J.
1. These two writ petitions are filed by one Sankuri Yadaiah, the founder trustee of Sri Padmavathi Venkateswaraswami Temple, Kushaiguda ... Procedure for making appointments of trustees and their term:
(1) In making the appointment of trustees under Section 15 the Government, the Commissioner, the Deputy
Section 41 having provided for two alternative methods, namely, either to tax the income in the hands of the trustees or directly in the hands ... suggest that there are two alternative methods, namely, either to tax the income in the hands of the trustees, or directly in the hands
would be no difficulty in reconciling the two principles adverted to above. But the observations in Trustees of Port Trust of Madras v. Engineering Constructions
Learned counsel relied on two Bench decisions of this Court reported in Board of Trustees of the Visakhapatnam Port Trust v. Commercial Tax Officer ... submitted that on the authority of these two judgments the Board cannot be subjected to tax in respect of the disposal of unserviceable materials
PRADESH 68, (1987) 2 APLJ 462
JUDGMENT
Amareswari, J.
1. The first two Civil Revision Petitions namely ... trust, the settlor constituted himself and two others Nawab Zamin Yar Jung Bahadur and Shava Ardeshirlal as trustees. The Nizam, Nawab Mir Osman Ali Khan
lakhs) in manner hereinafter appearing and whereas the trustees have agreed to become the first trustees of these presets and whereas prior to the execution ... hereby transfer unto the trustees the said securities of the face value of Rs. 2,50,00,000 (Rupees two crores and fifty lakhs) specified
debt" in the eye of law. It is on these two contention that Mr. Kuppuswamy has rested his entire case. The learned counsel ... fund vested in the trustees. The annual income from the fund was payable to the judgment-debtor in two half-yearly installments in February
benefit of his two minor sons, Ezekiel and Immanuel. The elder/major son, Paul, was appointed the trustee. The object of the trust dated July ... education of the two minor children. The wife of the assessee was named as the alternative trustee. The trust deed provided that from the income
