https://www.taxtmi.com/highlights?id=31367 The interest free loan was given to another trust and the common trustee have no substantial interest in any of the trust. Therefore in the absence of any direct or indirect benefit to the trustees or author of assessee trust or to the trustees of the resident trust the provisions of section 13(1)(c) cannot be attracted. - AT en-us Fri, 23 Sep 2016 12:22:29 +0530 Fri, 23 Sep 2016 12:22:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=31367 The interest free loan was given to another trust and the common trustee have no substantial interest in any of the trust. Therefore in the absence of any direct or indirect benefit to the trustees or author of assessee trust or to the trustees of the resident trust the provisions of section 13(1)(c) cannot be attracted. - AT Highlights Income Tax Fri, 23 Sep 2016 12:22:29 +0530 https://www.taxtmi.com/highlights?id=31367