expenses of the marriage of each of the settlor's two sons and beneficiaries, viz., the said Barun Kumar Roy and Basudev Kumar ... Sabita Rani Roy alias Lakshmi, the minor daughter of the settlor, and also a beneficiary the sum of Rs. 15,000 (rupees fifteen thousand only
exercised with the consent of the beneficiaries and the power of the settlor to make any alteration rendered the trust a revocable one. For this ... power was to be exercised by the settlor alone or with the consent of the beneficiaries or other trustees. The Appellate Tribunal, after considering
fide exclusively for the benefit of the relatives of the settlor, or where the settlor is a Hindu undivided family, exclusively for the benefit ... trust were minor sons and daughters of the settlors and that none of the beneficiaries had any independent income as they were dependent
that the profits of that year had been divided amongst the settlors and beneficiaries and no profits had been allocated to the charity fund. Thereafter ... There being no valid trust, there could be no beneficiary, no charity, no settlor or donor and consequently the fate of all assessments made
period exceeding six years or during the lifetime of the beneficiary, and (2) the settlor or disponer should have no direct or indirect benefit from ... does not operate to exclude the income which the settlor receives as a beneficiary, from liability to income-tax : it merely excludes that part
absolute use of the said beneficiary Mahendra Kumar Baid until the youngest son of the said settlor attains the age of 18 years ... that the minor beneficiary would have no right to the trust income which would arise during the minority of the said beneficiary. The question, therefore
trustees for the benefit of the minor beneficiary. It may be mentioned that the trustees were the two major sons of the tenant ... solicitor of this court. The beneficiaries of the trust are the minor children of the settlor. The said property consists of a two-storeyed building
only son of the settlor, The subject-mutter of the trust was premises No. 38, Southern Avenue, Calcutta, where the settlor used to reside ... Jyotirmoyee Ray, the settlor's wife, Sunil Roy, the settlor's son, Uma Mitra, the settlor's daughter, any children of Sunil
trust was a family trust and it was meant for the settlor's sons, Kali Prasad Agarwalla, Durga Prasad Agarwalla, Bhagwati Prasad Agarwalla, Krishnakumar ... their sons and for education and maintenance of settlor's daughter. The beneficiaries of the trust property were the sons of the assessee
reservation of interest for the maintenance must be both for the settlor and his relatives ?
5. Whether, on the facts and in the circumstances ... part II, Clause 6, that is, the settlor's five sons were to be the beneficiaries with reference to the said property. This document
