https://www.taxtmi.com/caselaws?id=49441 Section 41(1) of the Income-tax Act, 1922 applied to income receivable by a muthawalli under a valid wakf deed, and the income was to be taxed in the same manner as the human beneficiaries would be taxed. Because the deed conferred only a right to maintenance and religious or charitable spending according to need and discretion, with no ascertainable individual shares, the first proviso applied and the beneficiaries' shares were indeterminate. The contention that the income was received on behalf of the Almighty was rejected, since the muthawalli was treated as a trustee for tax purposes and the income was received for the benefit of the beneficiaries. en-us Mon, 14 Aug 1961 00:00:00 +0530 Fri, 29 Aug 2014 12:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49441 Section 41(1) of the Income-tax Act, 1922 applied to income receivable by a muthawalli under a valid wakf deed, and the income was to be taxed in the same manner as the human beneficiaries would be taxed. Because the deed conferred only a right to maintenance and religious or charitable spending according to need and discretion, with no ascertainable individual shares, the first proviso applied and the beneficiaries' shares were indeterminate. The contention that the income was received on behalf of the Almighty was rejected, since the muthawalli was treated as a trustee for tax purposes and the income was received for the benefit of the beneficiaries. Case-Laws Income Tax Mon, 14 Aug 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49441