https://www.taxtmi.com/caselaws?id=37101 Waqf business income retained its business character when received by a mutawalli on behalf of beneficiaries, so the statutory conditions for earned income relief were satisfied and the beneficiary was entitled to that relief. Direct assessment of the beneficiaries was also sustainable where the waqf income had only been computed under the trustee-assessment provision and no tax had been levied on the waqf itself, because the revenue could proceed against the persons on whose behalf the income was receivable. The reference was answered partly for the assessee and partly for the Revenue. en-us Fri, 08 Sep 1978 00:00:00 +0530 Fri, 26 Mar 2010 13:31:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37101 Waqf business income retained its business character when received by a mutawalli on behalf of beneficiaries, so the statutory conditions for earned income relief were satisfied and the beneficiary was entitled to that relief. Direct assessment of the beneficiaries was also sustainable where the waqf income had only been computed under the trustee-assessment provision and no tax had been levied on the waqf itself, because the revenue could proceed against the persons on whose behalf the income was receivable. The reference was answered partly for the assessee and partly for the Revenue. Case-Laws Income Tax Fri, 08 Sep 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37101