DSBBS's) formation/incorporation as 18.10.2018
(copy on record). An oral trust is equally valid in law, even as the admitted
position is that ... admitted position between
the parties, DSBBS is a religious trust during the relevant year, formed orally and,
unregistered, with Sant Baba Malkit Singh
respect of income which a trustee appointed under an oral trust
receives or is entitled to receive on behalf or for the benefit ... trust.
Explanation 2.--For the purposes of clause (v), "oral trust" means a trust
which is not declared by a duly executed instrument
required the registration of the religious or charitable institution or Trust with the Commissioner of Income-tax for purposes of obtaining benefit of Sections ... establishing the institution and since this was a case of oral trust no such document in original along with its copies could have been produced
favour of the assessee trusts in that decision can constitute oral trusts, whether the beneficiaries of the trusts were determinate and their shares known ... said to have received the amounts in pursuance of an oral trust/trusts within the meaning of S. 160(1) Expln. 2. The Tribunal held
Section 1 of the Indian Trusts Act and were clearly private trusts and provisions of Indian Trusts Act, 1882 are applicable.
31. Mr. Shanti Bhusan ... clear that the trusts were revocable and were in fact the said five trusts were revoked. No oral evidence is permissible
Tajinder Singh Bakshi & Anr vs Daljit Kaur & Ors on 14 August, 2025
Author
objects set out in the deed of trust dt, 27th Nov., 1984. The mere fact that the trust deed dt. 27th Nov., 1984, has failed ... acceptable as it is well settled that even an oral trust is permissible in the case of creation of a trust. In Fazlhussein v. Mahomedally
between the Plaintiff and the Defendant and in this background,
an oral trust was first created in the year 1994 with the
understanding that ... also claimed that the aforesaid decisions were in pursuance to an oral trust
which was created in the year 1994 for the future and financial
express or constructive trust created for public purposes of a charitable or religious nature. The section includes constructive trusts created for public purposes ... means of a written document but also orally but what is required in the case of oral trust is that the property must have been
express or constructive trust created for public purposes of a charitable or religious nature. The section includes constructive trusts created for public purposes ... means of a written document but also orally but what is required in the case of oral trust is that the property must have been
