A trust is a distinct legal entity.

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....oard in which the Karta of an H.U.F. transferred certain properties of the H.U.F. to a trust constituted for the benefit of the Karta's wife and children. The G.T. Officer held that as the trust was s....

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....distinct entities, namely, the H.U.F. and the trust. If such transfers are for no consideration or for less than adequate consideration, the provisions of G.T. Act, 1958 would be attracted. 3. The Bo....