https://www.taxtmi.com/caselaws?id=9202 Income from a trust created for the benefit of a minor child is not clubbed in the transferor's hands under section 16(3)(b) of the Indian Income-tax Act, 1922 unless the minor actually derives a benefit in the relevant accounting year. Where the trust income remains with the trustees, does not accrue to or become received by the minor, and no beneficial interest is enjoyed during the year of account, the amount cannot be included in the transferor's total income merely because the settlement was for the minor's benefit. On the facts, the trustees had discretion and the minor daughter did not enjoy the disputed income during the relevant year, so the amount was held not includible. en-us Thu, 05 Jul 1973 00:00:00 +0530 Sat, 20 Jun 2009 14:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9202 Income from a trust created for the benefit of a minor child is not clubbed in the transferor's hands under section 16(3)(b) of the Indian Income-tax Act, 1922 unless the minor actually derives a benefit in the relevant accounting year. Where the trust income remains with the trustees, does not accrue to or become received by the minor, and no beneficial interest is enjoyed during the year of account, the amount cannot be included in the transferor's total income merely because the settlement was for the minor's benefit. On the facts, the trustees had discretion and the minor daughter did not enjoy the disputed income during the relevant year, so the amount was held not includible. Case-Laws Income Tax Thu, 05 Jul 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9202