https://www.taxtmi.com/caselaws?id=23951 The court held that the assessments made by the Wealth-tax Officer on the entire trust fund were correct. The court concluded that the interest of the beneficiaries was contingent, and therefore, the trustee had to be assessed on the entire value of the trust fund in the status of an "individual." The decision favored the Revenue and directed the parties to bear their own costs. en-us Tue, 08 Dec 1987 00:00:00 +0530 Fri, 15 Jan 2010 14:09:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23951 The court held that the assessments made by the Wealth-tax Officer on the entire trust fund were correct. The court concluded that the interest of the beneficiaries was contingent, and therefore, the trustee had to be assessed on the entire value of the trust fund in the status of an "individual." The decision favored the Revenue and directed the parties to bear their own costs. Case-Laws Wealth-tax Tue, 08 Dec 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23951