https://www.taxtmi.com/caselaws?id=19212 The High Court ruled that the income from trust properties should be assessed in the trust's hands, not the association's, as legal title resided with the trust. The Tribunal's decision to assess in the association's hands was deemed incorrect. The Court directed the income to be assessed in the trust, to be further assessed in the beneficiaries' hands. The Department prevailed in the case, with no costs awarded and a fixed counsel's fee of Rs. 1,000. en-us Thu, 22 Dec 1994 00:00:00 +0530 Wed, 04 Nov 2009 16:30:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19212 The High Court ruled that the income from trust properties should be assessed in the trust's hands, not the association's, as legal title resided with the trust. The Tribunal's decision to assess in the association's hands was deemed incorrect. The Court directed the income to be assessed in the trust, to be further assessed in the beneficiaries' hands. The Department prevailed in the case, with no costs awarded and a fixed counsel's fee of Rs. 1,000. Case-Laws Income Tax Thu, 22 Dec 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19212