considered that there was huge increase in
salaries of the abovesaid two trustees as regards financial year ... Trust
party, and rather, he compared the salary of the said two trustees with the
salary of Dr. Rajendra Kumar Patni, who was an employee
considered that there was huge increase in
salaries of the abovesaid two trustees as regards financial year ... Trust
party, and rather, he compared the salary of the said two trustees with the
salary of Dr. Rajendra Kumar Patni, who was an employee
Chairman of the
complainant Trust on one side and the other two Trustees on other side could
better be resolved by a civil court only ... Chairman of the complainant
Trust on one side and other two Trustees on the other side regarding the
operation of the bank account
relation to the
assessment year 2016-17, concerning the said two trustees.
In this regard, Learned CIT(A) observed in para 5.4 of the impugned ... public at
large, but, this is a case where that two trustees, named above, were paid
excessive salaries, i.e. for the benefit
relation to the
assessment year 2016-17, concerning the said two trustees.
In this regard, Learned CIT(A) observed in para 5.4 of the impugned ... public at
large, but, this is a case where that two trustees, named above, were paid
excessive salaries, i.e. for the benefit
scale and depth of the involvement
and interference of these two Trustees in the affairs of 1st Respondent
Company and Tata Group Companies is evident ... presence of independent directors on the Board,
just two trustee nominee directors alone can decide what gets approved
(even this was brought down from
touching Mavelikkara, one of them charges for the air ticket of two trustees from Singapore to Madras of Rs. 41,744. The trip from Singapore ... Trivandrum. The assessing officer found that the visit of the two trustees permanently residing at Singapore could be for meeting their own relatives
either of the permanent
Trustees.
20. The permanent Trustees may appoint THREE more
Trustees of their choice function as con -trustees and
their tenure ... expiry of the stipulated period of two years.
22. That either of the Two Permanent Trustees shall
represent the institution for all purposes including
either of the permanent
Trustees.
20. The permanent Trustees may appoint THREE more
Trustees of their choice function as con -trustees and
their tenure ... expiry of the stipulated period of two years.
22. That either of the Two Permanent Trustees shall
represent the institution for all purposes including
Nagpur, by a duly executed instrument in writing whereby she appointed two trustees, viz., Shri Chandumal, son of Hundrajmal, resident of Jharipatka, Nagpur, and Shri ... According to him, the trust deed clearly shows that the two trustees were appointed to carry on the business for and on account