https://www.taxtmi.com/caselaws?id=25730 The court affirmed that a mutawalli can be treated as a trustee in a valid deed of waqf and assessed to tax under section 21 of the Wealth-tax Act, 1957. It determined that the shares of the mutawallis were not indeterminate, thus the assessment under section 21(4) was not justified. The court's decision was based on legal principles and precedents, ruling in favor of the Department on the first issue and in favor of the assessee on the second issue, with no order as to costs due to divided success. en-us Wed, 11 Mar 1987 00:00:00 +0530 Sat, 30 Jan 2010 15:00:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25730 The court affirmed that a mutawalli can be treated as a trustee in a valid deed of waqf and assessed to tax under section 21 of the Wealth-tax Act, 1957. It determined that the shares of the mutawallis were not indeterminate, thus the assessment under section 21(4) was not justified. The court's decision was based on legal principles and precedents, ruling in favor of the Department on the first issue and in favor of the assessee on the second issue, with no order as to costs due to divided success. Case-Laws Wealth-tax Wed, 11 Mar 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25730