https://www.taxtmi.com/caselaws?id=37811 Trustee-held agricultural land generating income partly for the trustee and partly for other beneficiaries is not held as tenants-in-common merely because beneficial enjoyment is shared. The tenancy-in-common provision therefore does not apply. Agricultural income received by the trustee for mixed beneficial enjoyment falls within the special trustee-assessment provision, because receipt on behalf of another includes receipt for that person's benefit and accommodates mixed beneficial interests. The residual assessment provision applies only where the trustee-assessment provision does not cover the arrangement. Assessment must consequently be made under the trustee-assessment provision rather than the residual provision. en-us Thu, 02 Feb 1978 00:00:00 +0530 Thu, 01 Apr 2010 12:13:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37811 Trustee-held agricultural land generating income partly for the trustee and partly for other beneficiaries is not held as tenants-in-common merely because beneficial enjoyment is shared. The tenancy-in-common provision therefore does not apply. Agricultural income received by the trustee for mixed beneficial enjoyment falls within the special trustee-assessment provision, because receipt on behalf of another includes receipt for that person's benefit and accommodates mixed beneficial interests. The residual assessment provision applies only where the trustee-assessment provision does not cover the arrangement. Assessment must consequently be made under the trustee-assessment provision rather than the residual provision. Case-Laws Income Tax Thu, 02 Feb 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37811