https://www.taxtmi.com/caselaws?id=23497 Where a dedication deed did not specify separate fractional shares for the deities, the Court noted that the legal effect of the dedication was equal sharing by the deities. Because the beneficiaries were identifiable and their shares were certain in law, the provisions dealing with indeterminate or unknown shares did not apply. The Tribunal therefore applied the settled principle that, in the absence of specified shares, the deities take equally and assessments are to be made separately in their hands. On that basis, assessment at the maximum rate under the relevant provisions was held inapplicable, and the issue was answered in favour of the assessee. en-us Wed, 22 Feb 1989 00:00:00 +0530 Sat, 19 Dec 2009 17:32:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23497 Where a dedication deed did not specify separate fractional shares for the deities, the Court noted that the legal effect of the dedication was equal sharing by the deities. Because the beneficiaries were identifiable and their shares were certain in law, the provisions dealing with indeterminate or unknown shares did not apply. The Tribunal therefore applied the settled principle that, in the absence of specified shares, the deities take equally and assessments are to be made separately in their hands. On that basis, assessment at the maximum rate under the relevant provisions was held inapplicable, and the issue was answered in favour of the assessee. Case-Laws Income Tax Wed, 22 Feb 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23497