https://www.taxtmi.com/caselaws?id=19296 A private trust assessed as a representative assessee on behalf of identified beneficiaries may be treated as an "individual" for section 194A of the Income-tax Act, 1961, where the statutory context does not confine that term to a natural person. The classification fixed for assessment purposes need not change merely because the issue arises under tax deduction at source provisions rather than the assessment provisions. On that basis, the trust remained within the scope of section 194A for interest payments to beneficiaries, and failure to deduct tax at source would not, on this reasoning, attract prosecution under sections 276B and 278B. en-us Wed, 17 Aug 1994 00:00:00 +0530 Thu, 05 Nov 2009 12:30:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19296 A private trust assessed as a representative assessee on behalf of identified beneficiaries may be treated as an "individual" for section 194A of the Income-tax Act, 1961, where the statutory context does not confine that term to a natural person. The classification fixed for assessment purposes need not change merely because the issue arises under tax deduction at source provisions rather than the assessment provisions. On that basis, the trust remained within the scope of section 194A for interest payments to beneficiaries, and failure to deduct tax at source would not, on this reasoning, attract prosecution under sections 276B and 278B. Case-Laws Income Tax Wed, 17 Aug 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19296