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1995 (8) TMI 47

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.... / Order / Decisions)<br>Dated:- 7-8-1995<br>- - -<br>Income Tax<br>Judge(s)&nbsp; : B. M. LAL., R. N. RAY&nbsp; JUDGMENT Heard Shri Ashok Kumar for the Revenue, and Shri R. P. Goel for the asse....

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....O [1985] 154 ITR 148, the Tribunal was correct in law in holding that the trust is genuine ignoring the fact that the creation of the trust was nothing but a colourable device to avoid the proper tax ....

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