TaxTMI 
TaxTMI 
2006 (7) TMI 170
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....lier representing the interest of the assessee, had informed on July 24, 2006, that he would not be appearing in the matter. The assessee Mr. Abdulgafur A. Mistry had acknowledged the fact that Mr. Soparkar would not be appearing and that the court be requested to dispose of the matter in accordance with law. The letter of Mr. Soparkar along with the letter of Mr. Abdulgafur Mistry - the assessee....
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....t. Sakuranbibi, mother of the assessee. On March 15, 1977, the said Sakuranbibi executed a will whereunder she bequeathed certain ornaments belonging to her in favour of three minor children of the assessee and one minor child of the assessee's brother-Sallaudin. All the four children, in fact, are grand children of Smt. Sakuranbibi. It was also observed and mentioned in the will that on the death....
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....went on doing so. In the matter of income-tax, when the matter came before the Assessing Officer, he held that as trust was created in favour of the minors, the assessee was answerable. The Income-tax Appellate Tribunal, after going through the provisions of the will, observed that the words, trustee, executor and guardian, have been used as synonyms and that they are loose expressions. It also ob....