https://www.taxtmi.com/caselaws?id=13243 The High Court held in favor of the assessee regarding the validity of trusts created without identifiable beneficiaries and the inclusion of dividend income. The Court ruled that the trusts were valid and excluded the dividend income from the assessment, following a previous decision. The Department's appeals were dismissed due to the unavailability of the High Court's decision, and the High Court's judgment favored the assessee, citing a previous case precedent. en-us Fri, 12 Jan 2007 00:00:00 +0530 Wed, 27 May 2009 15:50:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13243 The High Court held in favor of the assessee regarding the validity of trusts created without identifiable beneficiaries and the inclusion of dividend income. The Court ruled that the trusts were valid and excluded the dividend income from the assessment, following a previous decision. The Department's appeals were dismissed due to the unavailability of the High Court's decision, and the High Court's judgment favored the assessee, citing a previous case precedent. Case-Laws Income Tax Fri, 12 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13243