trust
and created a trust known as "Jayantilal Amratlal Charitable
Trust" to carry out the following various objects set out in
the Trust ... Trust Deed was registered with the Charity Commissioner
under the Bombay Public Trust Act, 1950 . The Department
accepted this trust as a valid charitable trust
provides that if the assessee pre-deceases the settlor and Ramniklal survives the settlor, entire trust property shall on the death of the settlor vest ... assessee produces the settlor and Ramniklal survives her. It is not enough that the assessee predecease the settlor. The trust property does not vest
whose benefit the trust was created had a vested interest in the trust fund during the lifetime of the settlor and, after the death ... trust deed by and under which the income from the trust fund cannot be distributed during the lifetime of the settlor. According to the learned
trusts. It is unnecessary to mention the details of those charitable trusts, because it is not in dispute here that those trusts were charitable trusts ... settlor and the said Lady Lily Kikabhai Premchand."
5. After this relinquishment by the settlor, the income from the trust fund was continued
case the settlor predeceases her husband, then on the death of the settlor to hand over the trust properties to the settlor's husband ... life.
(f) In case the settlor survives her husband, then on death of the settlor to hold the trust properties upon TRUST to divide
power reserved to the settlor has been surrendered and the settlor has derived no benefit out of the trust for a period of two years ... deemed to have passed on the settlors death. That the settlor derived no benefit out of the trust for himself for any period after
trust” means any body registered under the Indian Trusts Act, 1882 ( 2 of 1882 ) or any other State Act governing the registration of trusts ... society or a trust, as the case may be, every person (including promoter of company or trust or settlor of the trust
society or a trust, as the case may be, every person (including promoter of company or trust or settlor of the trust
children upon certain terms, to which we shall presently refer. After the trust was in operation for nearly eleven years, the beneficiaries, Pratapsinh ... document they have not been numbered. After declaring the trusts, the settlor made provision for payment of all the usual expenses of management
settlors father, the settlors relatives "and or other indigent persons". The Wealth-tax Officer held that the properties settled on trust were ... used for holding public meetings. It was provided by the trust that the settlors sons, grandsons and other descendants should have the right
