COMMISSIONER OF WEALTH TAX versus KA.G. ARATOON AND ANOTHER
Asset Trust Trust for the benefit of the grandchildren of the settling sons, the daughters were also given interest money. The daughters were also given the option to take different shares in their children's shares, not a limited power asset for wealth tax purposes. Yes, for the purposes of wealth tax, the life interest of single daughters can also be costly. Act, 1957, Section 2 Transfer Property Act, 1982, Section 6
Related judgments — Calcutta High Court India, 1996
