https://www.taxtmi.com/caselaws?id=277199 The court held that the remuneration received by Mr. Eggar for his services should be included in his personal income for income-tax assessment. Despite his intention to create a trust for charitable purposes, the income was deemed taxable as salaries under the Income-tax Act as it was not derived from property held under trust. The court rejected the application of equitable principles and concluded that the income was received as remuneration for services rendered, not as part of a valid trust. The sum in question was ordered to be included in Mr. Eggar's personal income, with no costs awarded. en-us Fri, 03 Dec 1926 00:00:00 +0530 Wed, 28 Nov 2018 17:14:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277199 The court held that the remuneration received by Mr. Eggar for his services should be included in his personal income for income-tax assessment. Despite his intention to create a trust for charitable purposes, the income was deemed taxable as salaries under the Income-tax Act as it was not derived from property held under trust. The court rejected the application of equitable principles and concluded that the income was received as remuneration for services rendered, not as part of a valid trust. The sum in question was ordered to be included in Mr. Eggar's personal income, with no costs awarded. Case-Laws Income Tax Fri, 03 Dec 1926 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277199