https://www.taxtmi.com/caselaws?id=410032 The tribunal allowed the appeal, determining that the trust is revocable, and income should be taxed in the hands of beneficiaries. Consequently, the rejection of books, disallowance of various expenses, and incorrect levy of interest were deemed academic and not adjudicated. en-us Mon, 07 Jun 2021 00:00:00 +0530 Fri, 23 Jul 2021 21:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410032 The tribunal allowed the appeal, determining that the trust is revocable, and income should be taxed in the hands of beneficiaries. Consequently, the rejection of books, disallowance of various expenses, and incorrect levy of interest were deemed academic and not adjudicated. Case-Laws Income Tax Mon, 07 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410032