https://www.taxtmi.com/caselaws?id=399639 The Tribunal upheld the CIT(A)'s orders, confirming that the income of the assessee trusts should be assessed at Rs. Nil, treating the trusts as AOPs subject to Section 167B of the Income Tax Act. The appeals filed by the revenue challenging the applicability of Section 167B, deletion of additions, and taxability of income were dismissed. en-us Mon, 12 Oct 2020 00:00:00 +0530 Thu, 15 Oct 2020 14:43:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399639 The Tribunal upheld the CIT(A)'s orders, confirming that the income of the assessee trusts should be assessed at Rs. Nil, treating the trusts as AOPs subject to Section 167B of the Income Tax Act. The appeals filed by the revenue challenging the applicability of Section 167B, deletion of additions, and taxability of income were dismissed. Case-Laws Income Tax Mon, 12 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399639