https://www.taxtmi.com/circulars?id=9630 Section 161 requires that tax on a representative assessee be levied and recovered in like manner and to the same extent as it would be from the person represented; when a trustee is authorised by the settlor to carry on business for beneficiaries, the beneficiaries' common interest and conduct can render them an association of persons, making the income chargeable as that unit's income and requiring the trustee to be assessed in the beneficiaries' status, with special caveats for trusts exclusively for minors. en-us Mon, 29 Jul 1985 00:00:00 +0530 Tue, 07 Jun 2011 18:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9630 Section 161 requires that tax on a representative assessee be levied and recovered in like manner and to the same extent as it would be from the person represented; when a trustee is authorised by the settlor to carry on business for beneficiaries, the beneficiaries' common interest and conduct can render them an association of persons, making the income chargeable as that unit's income and requiring the trustee to be assessed in the beneficiaries' status, with special caveats for trusts exclusively for minors. Circulars Income Tax Mon, 29 Jul 1985 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9630