https://www.taxtmi.com/caselaws?id=49474 The court held that the sum of Rs. 410, derived from a trust for the benefit of the minor daughter, was not includible in the assessee's total income as the daughter did not benefit from it in the relevant year. Additionally, the sum of Rs. 14,170, from a trust for the maintenance of the assessee's family, was not to be included in the assessee's total income, although tax could be levied at the maximum rate under section 41. The High Court's decision to exclude both amounts from the assessee's income was upheld, and the appeal was dismissed. en-us Wed, 31 Jan 1962 00:00:00 +0530 Wed, 27 Aug 2014 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49474 The court held that the sum of Rs. 410, derived from a trust for the benefit of the minor daughter, was not includible in the assessee's total income as the daughter did not benefit from it in the relevant year. Additionally, the sum of Rs. 14,170, from a trust for the maintenance of the assessee's family, was not to be included in the assessee's total income, although tax could be levied at the maximum rate under section 41. The High Court's decision to exclude both amounts from the assessee's income was upheld, and the appeal was dismissed. Case-Laws Income Tax Wed, 31 Jan 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49474