https://www.taxtmi.com/caselaws?id=27422 The High Court held that the disputed trust deed was imperfect, lacking a clear foundation for trust creation, and therefore, no valid trust existed. The court ruled against the claim of the trustees to be assessed as representative assessees under the Income-tax Act, 1961, directing each party to bear their respective costs. The judgment underscored the importance of clear intent and legal compliance in trust creation, emphasizing the need for proper authorization and adherence to trust laws. en-us Mon, 23 Jul 1984 00:00:00 +0530 Fri, 12 Feb 2010 16:46:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27422 The High Court held that the disputed trust deed was imperfect, lacking a clear foundation for trust creation, and therefore, no valid trust existed. The court ruled against the claim of the trustees to be assessed as representative assessees under the Income-tax Act, 1961, directing each party to bear their respective costs. The judgment underscored the importance of clear intent and legal compliance in trust creation, emphasizing the need for proper authorization and adherence to trust laws. Case-Laws Income Tax Mon, 23 Jul 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27422