Appellant Trust but in the hands of the
beneficiaries of the Appellant Trust:
ARCIL Retail Loan Portfolio 004 B Trust.
ITA no.256/Mum/2024 ... clause of the trust deed: -
Page | 4
ARCIL Retail Loan Portfolio 004 B Trust.
ITA no.256/Mum/2024
"2. Revocation of Contributions
fact
that the entity is not a 'revocable trust'. The members lack any direct power or
revocation under the instrument of transfer ... revocable transfer" are well understood in law and a transfer does not cease to
be revocable because the power of revocation cannot be exercised
fact
that the entity is not a 'revocable trust'. The members lack any direct power or
revocation under the instrument of transfer ... revocable transfer" are well understood in law and a transfer does not cease to
be revocable because the power of revocation cannot be exercised
fact
that the entity is not a 'revocable trust'. The members lack any direct power or
revocation under the instrument of transfer ... revocable transfer" are well understood in law and a transfer does not cease to
be revocable because the power of revocation cannot be exercised
trustee of the assessee was DSP
Merrill Lynch Trust Services Limited. The trust was a revocable
trust during the life time of the settler. During ... arising from revocable transfer of assets is taxable in
the hands of the transferor, i.e., the settler of the revocable trust
Trustee shall hold the Trust Fund during the
Trust Period upo trust.
3.1 to pay the income of the trust fund to the
principal beneficiary ... management and administration of the Trusts
as per Schedule 1 of the Trust deeds.
9.1.14 The Trusts are revocable by the assessee
Settler.
Revocable Trust
which was subsequently
revoked by Swami Awdheshanand himself.
Against the revocation of the said trust by
Swami Awdheshanand, an Original Suit ... relief which petitioners
have sought is to declare the trust revocation
2
deed dated 05.08.2021 as void and further for
restraining the defendants to interfere
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