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COMMISSIONER OF INCOME-TAX versus AMBALAL SARABHAI D. TRUST N0.5.


Representative diagnostic trust arbitration trust authorizes authorized persons to pay net income of the trust; the trustees' approval is that the net income of the trustee will be paid to any of the beneficiaries; Cannot be made under 1640 Income Tax Trusted Trust Officer Tax is permissible in applying the tax rate of 65. 65 of Indian Income Tax Act, 1961, Sections 161 and 14.

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