https://www.taxtmi.com/caselaws?id=28099 The High Court of Madhya Pradesh ruled against the assessee's contentions in a case involving the interpretation of a deed of rectification affecting a trust's structure and the equality of requirements of beneficiaries. The court held that the rectification deed could not have a retrospective effect on the trust's structure and confirmed the unequal requirements of beneficiaries as per the trust deed provisions, thereby upholding the Tribunal's decisions on both issues raised in the reference. en-us Tue, 26 Apr 1983 00:00:00 +0530 Fri, 19 Feb 2010 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28099 The High Court of Madhya Pradesh ruled against the assessee's contentions in a case involving the interpretation of a deed of rectification affecting a trust's structure and the equality of requirements of beneficiaries. The court held that the rectification deed could not have a retrospective effect on the trust's structure and confirmed the unequal requirements of beneficiaries as per the trust deed provisions, thereby upholding the Tribunal's decisions on both issues raised in the reference. Case-Laws Income Tax Tue, 26 Apr 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28099