have also signed against their typewritten names. The signature of other two trustees viz. Bhagwandas Gordhandas Gujarati and Smt. Kalindi Jayantilal Patel are in English ... resident of Bombay, one trustee was resident of Pune and two trustees were resident of Dholka and the travelling expenses were only
have an extra or casting vote in case of a tie. Two Trustees present shall form a quorum for any meeting of the Trustees ... their consent."
It is signed by the managing trustee and the two beneficiaries.
5. On the basis of the aforesaid resolutions the assessee excluded
accepted the statement in writing signed by only one of the two trustees required to be submitted as per Expln ... family in different combinations. Further, each trust has three trustees and the trustees in each trust included Shri Karsanbhai K. Patel and/or his wife
trusts referred to have two persons as their respective beneficiaries in their capacities as respective trustees of their trusts. All these trusts are deemed ... Both of them admitted that real beneficiaries were not two trustees of each trust created by them but children of S/Shri K.C. Patel
trusts of which they were the trustees provided the gifts were accepted by the trustees of the trust at Srinagar and as such both ... made enquiries from assessee and from the two trustees of the donee trusts. The submission on behalf of the assessee is that the material gathered
Charitable Trust is related to the present
trustee of K.M. Shah Charitable Trust. The present trustee of K.M.
Shah Charitable are Dr.Mansukh ... Shah who is the wife of Dr. Dixit Shah, are the two
trustees in Sumandeep Charitable Trust. The registration of
Sumandeep Charitable Trust had been
3744/Ahd/2007, submitted
that in that case also same founder trustee was involved and on similar reasons ,
Hon'ble ITAT have granted registration ... rural area and carries out educational work in remote
villages. Two trustees died in succession putting the trust in difficult situation, in
our view, this
two firms to the two trusts having only Rs. 500 and Rs. 1000 as their corpus and beneficiaries being the trustees of the Advani Family ... two trusts were created immediately after the raid and were the successors of the earlier two businesses. He also overlooked the fact that the trustees
that the assessee created two trusts and transferred two amounts of Rs. 25,101 and Rs. 21,201 to the trustees for the benefit ... two minor daughters. The trustees purchased shares out of the trust funds. The WTO took the view that the market value of the shares
only trust so declared. In this case the settlor had settled two trusts, viz., Pranlal Thakordas Trust and Rajnikant Gulabdas Trust. It is contended that ... difference, so far as the creation of two trusts at the earlier stage. Further the trustees had no authority under the Indian Trusts
