https://www.taxtmi.com/caselaws?id=49331 Section 41 of the Indian Income-tax Act, 1922 applied only where an Administrator-General was entitled to receive income on behalf of beneficiaries. Until administration of the estate was complete and the residue ascertained, the residuary beneficiaries had no present right to the income, which remained part of the estate for administration. An Administrator-General de bonis non in that position received income as administrator of the estate, not as a receiver for the beneficiaries. Section 41 therefore did not apply, and the assessment in the Administrator-General's hands was upheld. en-us Tue, 06 Oct 1964 00:00:00 +0530 Fri, 27 Feb 2015 11:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49331 Section 41 of the Indian Income-tax Act, 1922 applied only where an Administrator-General was entitled to receive income on behalf of beneficiaries. Until administration of the estate was complete and the residue ascertained, the residuary beneficiaries had no present right to the income, which remained part of the estate for administration. An Administrator-General de bonis non in that position received income as administrator of the estate, not as a receiver for the beneficiaries. Section 41 therefore did not apply, and the assessment in the Administrator-General's hands was upheld. Case-Laws Income Tax Tue, 06 Oct 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49331