disassociated from the trust and trust property as the duration of the trust is liked with the death of the settlor. Since the settlor could ... hands of the settlor because the trust is a specific trust and vaild trust in terms of the legal authority cited and therefore they
assessed before us is a trust known as Mrs. Dwarika Prasad Trust, 56 Civil Lines, Bareilly. This trust was created by late Shri Girish Prasad ... purposes. The trust therefore claims that its income ia exempt from tax. 3. The trust in question christened as Mrs. Dwarika Prasad Trust was created
specific trust. It was pointed out that Clause 5 of the Trust Deed empowered the trustees to carry on any business under Trust ... nominee of the trust. Clause 6 declares that the Trust was irrevocable and that no part of the Trust fund shall, in any circumstances whatsoever
trust is dt. 31-12-1981 as stated. Xerox copy of the trust deed is submitted here with.
(iii) Signature of the settlor is attested ... assessees without making any inquiries regarding the relationship of the settlors of the trust and the members of the Advani Family. He was also
have constituted a trust without complying with the provisions of Section 7 of the Indian Trusts Act. It was held that the trusts constituted ... only subsequently that the trusts were constituted. It is clear from Section 7 of the Indian Trusts Act that the settlor can constitute a trust
each case is a private discretionary trust. In the case of Shri Krishna Bhandar Trust the trust was created by a deed of settlement dated ... Rukmini Devi Birla, wife of Sri B.M. Birla. Under this trust the settlor settled a sum of Rs. 1,000 for the objects purposes
specific trust. There were three beneficiaries. All of them were minors. Each had 1/3rd share in the income of the trust. The settlor ... present case the only facts on record are that settlor created a trust and authorised trustees to carry on the business. That the settlor directed
March 31, 1972, the beneficiaries of the income under the trust were the settlor's grand-daughters, Chhaya and Sangeeta, or also the wife ... March 31, 1972, the beneficiaries of the income under the trust were only the settlor's grand-daughters, Chhaya and Sangeeta
Indian Trusts Act irrevocability is not an essential feature of a trust. That means a revocable trust at the mere will of the settlor ... Gift-tax Act though as a trust it is binding as between the settlor, the trustees and the beneficiaries because the law of trusts expressly
Mumtaj Begum
formed a Trust in the name of M/s.Noor Mohamed Trust and the same was
registered as Document ... another Trustee-O.S.Ameerudeen, died on 09.03.2009
and the Settlor of Trust died on 27.08.2013. Thereafter, the Trust has
become non-working
