https://www.taxtmi.com/caselaws?id=5406 The court dismissed the appeals, upholding the Settlement Commission's orders. It affirmed that the U.S. trusts were revocable under Section 63, and the income from both the U.S. and U.K. trusts was rightly included in the income of the settlor and the appellant. The Revenue's option to tax either the trustees or the beneficiaries was valid, and the plea of double taxation was adequately addressed by the Commission. The appeals were dismissed with no costs. en-us Fri, 02 Apr 1993 00:00:00 +0530 Fri, 27 Nov 2015 16:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5406 The court dismissed the appeals, upholding the Settlement Commission's orders. It affirmed that the U.S. trusts were revocable under Section 63, and the income from both the U.S. and U.K. trusts was rightly included in the income of the settlor and the appellant. The Revenue's option to tax either the trustees or the beneficiaries was valid, and the plea of double taxation was adequately addressed by the Commission. The appeals were dismissed with no costs. Case-Laws Income Tax Fri, 02 Apr 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5406