Trust Classified as Revocable u/ss 61-63, Not an AOP; Identified as Determinate with Defined Beneficiaries.

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....Status of a trust/AOP - Valid status - assessee trust is a revocable trust - provisions of Sec. 61 to 63 of the Act would be applicable to it - there would be no legal sanction to treat the trust as an AOP - the assessee trust is a determinate trust i.e a non-discretionary trust. - AT....