corpus of the Trust Fund under
those separate trusts. That this construction of the
document accords with the intention of the Settlor is borne ... Trust Fund
978
under those separate trusts. That this construction of the
document accords with the intention of the Settlor is borne
Where a trust is incapable of being executed,
or where the trust is completely executed without
exhausting the trust-property, the trustee, in the
absence ... restoring the property
to the settlor. But if the settlor properly manifested
an intention that no resulting trust should arise in
the event
wealth of the trust, during the three relevant: assessment years.
3. Under the terms of the deed of trust, the settlor constituted himself the sole ... relatives and dependants of the settlor or the settlor's family. Subsequent to the creation of the trust two of the named relatives
certainties required to create a charitable trust, namely, (1) a declaration of the trust binding on the settlor, (2) setting apart definite property ... trust would be vested in five trustees who included, according to the terms of the trust deed, the sons of the settlor as well
share of the settlor was
changed to 5/16. Under the deed dated 4.10.1959 the settlor
transferred upon trust to himself ... benefit of the settlor and his heirs.
3. Under the deed dated, 4.10.1959, the settlor
transferred upon trust to himself and his son Dipti Narayan
Pearey Lal Banerji created a trust by an indenture of trust dated October 26, 1937. The corpus of the trust consisted of Government securities ... appointment did not extend, the trust fund and income would be held in trust for the settlor's nephew, Manoj Kumar Banerji
created a trust known as the Arvind Narottam Trust. The deed dated April 9, 1955 created a trust called the Arvind Family Trust ... deed dated March 18, 1961 created a trust described as the Arvind Kalyan Trust. All the three trust deeds are couched in identical terms, except
created a
trust known as the Arvind Narottam Trust. The deed dated
April 9, 1955 created a trust called the Arvind Family
Trust ... deed dated March 18, 1961 created a trust
described as the Arvind Kalyan Trust. All the three trust
deeds are couched in identical terms, except
lives and after their death, on the settlor for life and thereafter on other persons and the settlor dies before his interest in the property ... must be held that where there is a discretionary trust a possible object of that trust holds an interest within that provision. Greer
object of the trust involves the carrying
on of an activity for profit. [1034 H, 1035 A]
Sole Trustee, Loka Sikshna Trust v. Commissioner ... reference to all the object-, for which the
trust has been brought into existence. If the settlor
reserves to himself the Power of appointment under
