that employer should not have any control over the funds of irrevocable trust crated exclusively for the benefit of the employees and thus the condition ... employer does not have any control over the funds of the irrevocable trust created exclusively for the benefit of employees.
4. In Income Tax Appeal
section 47 are transferred under a gift or an irrevocable trust, the market value on the date of such transfer shall be deemed
company or under a transfer to a revocable or an
irrevocable trust etc., the cost of such acquisition of the asset shall be
deemed
over
the Trust (hereinafter referred to as "the Commissioner").
2. These presents shall constitute a Trust established in India be irrevocable ... Trust from time to time in order to manage
the Pension Trust Properties.
D.4.2That the NTPC shall formulate Trust Deed and the Rules
Life Insurance Corporation
of India (Employees) Pension Fund under an irrevocable
trust within a period of one hundred and twenty days from
the notified date
holding that the life interest held by the
assessee in Neville Wadia Trust No. 2 was an asset coming within
the purview ... January, 1947, Sir Nusserwanjee
Nowrosjee Wadia (Sir Ness Wadia) created an irrevocable trust for the
benefit of his son Neville Ness Wadia (Neville Wadia
company, or
(d) under a transfer to a revocable or an irrevocable
trust, or
(e) under any such transfer as is referred to in clause
defendants are trespassers of the trust properties covered
under the Will dated 27.9.1968. The plaintiffs were interested in the Trust
to be administered by defendant ... management of the Trust or
make arrangement for the appointment of other Trustees for proper
management of the Trust. Defendants filed written statements
revision petitioner/plaintiff are that once
the GPA is mentioned as irrevocable from the contents the
cancellation is unsustainable and said unilateral cancellation ... Trust and
Educational Charitable Society represented by its Chairman
Vs. Ponniamman Educational Trust represented by its Chair
Person held as to when GPA is irrevocable
Central
enactment, has been brought to my notice where the term 'Trust' has been
specifically enumerated in the definition of the term ... aware of the existence of 'Trusts' and their
activities. It only gives the irrevocable impression that the Parliament
would have been satisfied that
