https://www.taxtmi.com/caselaws?id=71784 The Appellate Tribunal partly allowed the appeal, ruling that the trustees cannot be assessed as a unit but should be assessed similarly to individual beneficiaries to prevent double taxation and hardship. The Tribunal emphasized that there was no Association of Persons (AOP) or Body of Individuals (BOI) among the beneficiaries and advised the Income Tax Officer to exclude income to avoid double taxation and hardship. en-us Mon, 19 May 1986 00:00:00 +0530 Wed, 27 Apr 2011 10:27:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71784 The Appellate Tribunal partly allowed the appeal, ruling that the trustees cannot be assessed as a unit but should be assessed similarly to individual beneficiaries to prevent double taxation and hardship. The Tribunal emphasized that there was no Association of Persons (AOP) or Body of Individuals (BOI) among the beneficiaries and advised the Income Tax Officer to exclude income to avoid double taxation and hardship. Case-Laws Income Tax Mon, 19 May 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71784