https://www.taxtmi.com/highlights?id=22420 Trust - The beneficiaries have not set up the Trust. Therefore it cannot be said that the beneficiaries have come together with the object of carrying on investment in mezzanine funds which is the object of the trust. The beneficiaries are mere recipients of the income earned by the trust. They cannot therefore be regarded as an AOP - AT en-us Wed, 08 Apr 2015 07:41:30 +0530 Wed, 08 Apr 2015 07:41:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=22420 Trust - The beneficiaries have not set up the Trust. Therefore it cannot be said that the beneficiaries have come together with the object of carrying on investment in mezzanine funds which is the object of the trust. The beneficiaries are mere recipients of the income earned by the trust. They cannot therefore be regarded as an AOP - AT Highlights Income Tax Wed, 08 Apr 2015 07:41:30 +0530 https://www.taxtmi.com/highlights?id=22420