exercise of power of revocation and once the power of revocation is exercised, he has simultaneously executed a fresh trust changing both the beneficiaries ... earlier trust. Under the Indian Trusts Act in order that the trust may be considered as revoked, the revocation had to be done expressly
assessee, settled in a trust Rs. 500 for the benefit of Master Punit Sanjay Lalbhai. The said trust was not revocable for a period ... furnish herewith copy of the trust deed of Shrenik Kasturbhai Revocable Trust, a revocable trust created by the assessee. Section 6(2) of the Gift
Trust Company (Cayman)
Ltd. dated 07.01.2000, the supplementary deed of trust dated 07.01.2000, the
company formation letter, deed of amendment dated 30.03.2021, Revocation
of Trust ... trust'.
Shri Bipinchandra P. Patel & Smt. Manjulaben B. Patel were
'settlors' of the said trust.
Beneficiaries of trust were family members
Trust Company (Cayman)
Ltd. dated 07.01.2000, the supplementary deed of trust dated 07.01.2000, the
company formation letter, deed of amendment dated 30.03.2021, Revocation
of Trust ... trust'.
Shri Bipinchandra P. Patel & Smt. Manjulaben B. Patel were
'settlors' of the said trust.
Beneficiaries of trust were family members
Trust Company (Cayman)
Ltd. dated 07.01.2000, the supplementary deed of trust dated 07.01.2000, the
company formation letter, deed of amendment dated 30.03.2021, Revocation
of Trust ... trust'.
Shri Bipinchandra P. Patel & Smt. Manjulaben B. Patel were
'settlors' of the said trust.
Beneficiaries of trust were family members
Trust Company (Cayman)
Ltd. dated 07.01.2000, the supplementary deed of trust dated 07.01.2000, the
company formation letter, deed of amendment dated 30.03.2021, Revocation
of Trust ... trust'.
Shri Bipinchandra P. Patel & Smt. Manjulaben B. Patel were
'settlors' of the said trust.
Beneficiaries of trust were family members
Trust Company (Cayman)
Ltd. dated 07.01.2000, the supplementary deed of trust dated 07.01.2000, the
company formation letter, deed of amendment dated 30.03.2021, Revocation
of Trust ... trust'.
Shri Bipinchandra P. Patel & Smt. Manjulaben B. Patel were
'settlors' of the said trust.
Beneficiaries of trust were family members
Trust Company (Cayman)
Ltd. dated 07.01.2000, the supplementary deed of trust dated 07.01.2000, the
company formation letter, deed of amendment dated 30.03.2021, Revocation
of Trust ... trust'.
Shri Bipinchandra P. Patel & Smt. Manjulaben B. Patel were
'settlors' of the said trust.
Beneficiaries of trust were family members
Trust Company (Cayman)
Ltd. dated 07.01.2000, the supplementary deed of trust dated 07.01.2000, the
company formation letter, deed of amendment dated 30.03.2021, Revocation
of Trust ... trust'.
Shri Bipinchandra P. Patel & Smt. Manjulaben B. Patel were
'settlors' of the said trust.
Beneficiaries of trust were family members
Trust Company (Cayman)
Ltd. dated 07.01.2000, the supplementary deed of trust dated 07.01.2000, the
company formation letter, deed of amendment dated 30.03.2021, Revocation
of Trust ... trust'.
Shri Bipinchandra P. Patel & Smt. Manjulaben B. Patel were
'settlors' of the said trust.
Beneficiaries of trust were family members