https://www.taxtmi.com/caselaws?id=58780 The Tribunal upheld the AAC's order for the assessment year 1981-82, directing the ITO to apportion the trust's income among the beneficiaries and assess them accordingly. For the assessment year 1982-83, the Tribunal allowed the assessee's appeal, rejecting the CIT(A)'s classification of the trust as a BOI and reaffirming the AAC's decision. The remaining grounds of appeal for the assessment year 1982-83 were dismissed as not pressed. en-us Wed, 25 Mar 1987 00:00:00 +0530 Wed, 22 Dec 2010 11:34:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58780 The Tribunal upheld the AAC's order for the assessment year 1981-82, directing the ITO to apportion the trust's income among the beneficiaries and assess them accordingly. For the assessment year 1982-83, the Tribunal allowed the assessee's appeal, rejecting the CIT(A)'s classification of the trust as a BOI and reaffirming the AAC's decision. The remaining grounds of appeal for the assessment year 1982-83 were dismissed as not pressed. Case-Laws Income Tax Wed, 25 Mar 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58780