https://www.taxtmi.com/caselaws?id=55684 A trust deed with inconsistent execution dates was not accepted as proved, and the surrounding affidavits and documents did not establish valid execution on the later date claimed. The instrument was also treated as executed in Gujarat on stamp papers purchased in Bombay, leading to non-compliance with stamp law and inadmissibility for the purpose relied on. As no duly executed and legally valid trust deed existed, the trustees could not be assessed in a representative capacity under the Income-tax Act. The arrangement was further treated as a colourable device to evade tax, so the income was assessed in the hands of the persons concerned as an association of persons. en-us Wed, 22 Jun 1994 00:00:00 +0530 Mon, 29 Nov 2010 13:58:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55684 A trust deed with inconsistent execution dates was not accepted as proved, and the surrounding affidavits and documents did not establish valid execution on the later date claimed. The instrument was also treated as executed in Gujarat on stamp papers purchased in Bombay, leading to non-compliance with stamp law and inadmissibility for the purpose relied on. As no duly executed and legally valid trust deed existed, the trustees could not be assessed in a representative capacity under the Income-tax Act. The arrangement was further treated as a colourable device to evade tax, so the income was assessed in the hands of the persons concerned as an association of persons. Case-Laws Income Tax Wed, 22 Jun 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55684