COMMISSIONER OF INCOME-TAX versus MUTHOOTTU CHARITABLE TRUST
The Charity or Religious Trust Exceptional Trust, founded by members of the Family Family Business Trust, also participated in the Chit Fund Business Trust to receive money from the trust forgiven by successful bidders under a contract between the firm and the buyers. The accounts are shown as trust income. and 81 and ually 198411 trust 82 Originally 1984 1984 1984 in trust funds were not used for stable purposes. The close relationship between the firm's partners and the founders of the trust, the Indian Income Tax Act, 61, 1961, does not qualify for a waiver. ) (ii), (3)
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