Court Rules Trust Not Discretionary Despite 50% Income Accumulation for 19 Years; Tax Rate Unaffected.

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....Rate of tax - income of Trust - Merely because 50% of the income and their respective shares were to be accumulated as a special fund in the hands of the trustees for 19 years and the same were to be paid after a period of 19 years, it cannot be said that the Trust is discretionary Trust - HC....