https://www.taxtmi.com/caselaws?id=291082 The Tribunal determined that the assessee is a determinate trust, allowing its income to be passed through to beneficiaries under Section 161(1) of the IT Act. Disallowances under Sections 40A(2)(b) and 40(a)(i) were deleted. The AO was instructed to allow credit for taxes deducted at source and verify correct income distribution among beneficiaries. en-us Wed, 07 Jun 2017 00:00:00 +0530 Wed, 13 Nov 2024 13:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291082 The Tribunal determined that the assessee is a determinate trust, allowing its income to be passed through to beneficiaries under Section 161(1) of the IT Act. Disallowances under Sections 40A(2)(b) and 40(a)(i) were deleted. The AO was instructed to allow credit for taxes deducted at source and verify correct income distribution among beneficiaries. Case-Laws Income Tax Wed, 07 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291082