https://www.taxtmi.com/caselaws?id=794718 A trust created under a Will was discussed as being taxable at the rate applicable to an individual rather than at the maximum marginal rate. The analysis notes that the same trust documents had already been verified in a subsequent assessment year, where the Department accepted individual-rate taxation on identical foundational facts. On that basis, the Revenue could not adopt a contrary position for the year in question in the absence of any change in facts or law. It was also stated that, once the relevant documents were on record, the correct tax liability could be determined on merits and not defeated by a technical rectification objection. en-us Tue, 30 Jun 2026 00:00:00 +0530 Fri, 10 Jul 2026 07:39:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794718 A trust created under a Will was discussed as being taxable at the rate applicable to an individual rather than at the maximum marginal rate. The analysis notes that the same trust documents had already been verified in a subsequent assessment year, where the Department accepted individual-rate taxation on identical foundational facts. On that basis, the Revenue could not adopt a contrary position for the year in question in the absence of any change in facts or law. It was also stated that, once the relevant documents were on record, the correct tax liability could be determined on merits and not defeated by a technical rectification objection. Case-Laws Income Tax Tue, 30 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794718