Indian Trusts Act
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Indian Trusts Act with special reference to taxation laws, and comparative study of trust law of the United States dealing with all kinds of trusts including charitable & religious by India

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Published by Law Book Co. in Allahabad, India .
Written in English

Subjects:

Places:

  • India.,
  • United States.

Subjects:

  • Trusts and trustees -- India,
  • Charitable uses, trusts, and foundations -- Taxation -- India,
  • Trusts and trustees -- United States

Book details:

Edition Notes

Statementby N. Suryanarayana Iyer.
ContributionsSutyanarayana Iyer, N., Rakesh., Prasad, Vindheshwari.
Classifications
LC ClassificationsLAW
The Physical Object
Paginationlxvi, 842 p. ;
Number of Pages842
ID Numbers
Open LibraryOL2509494M
ISBN 108185029369
LC Control Number87901474

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Indian Trusts Act Paperback – 1 January by M.P. Tandon (Author) out of 5 stars 1 rating. See all formats and editions Hide other formats and editions. Price New from Paperback "Please retry" ₹ ₹ Paperback ₹ 1 New from 3/5(1). THE INDIAN TRUSTS ACT, ACT NO. 2 OF 1 [13 th January, ] An Act to define and amend the law relating to Private Trusts and Trustees. Preamble.—WHEREAS it is expedient to define and amend the law relating to private trusts and trustees; It is hereby enacted as follows:— CHAPTER I PRELIMINARY 1. Short title.—File Size: KB. Indian Trust Act, Sec 68 Revocation of trust Where a trust has been declared by a non-testamentary instrument–in exercise of power of revocation expressly reserved to the author. Where a trust is created for the payment of debts of the author and has not been communicated to the creditors – at the pleasure of the author.4/5(5). Income Tax Department > Tax Laws & Rules > Acts > Indian Trusts Act, Income Tax Department > All Acts > Indian Trusts Act, Choose Acts: Section Wise: Chapter Wise: Section No. Text Search: 98 Record(s) | Page [1 of 10] Section - 1. Short title, commencement. Section - .

Details related to the Indian Trusts Act, are given. This Act extends to the whole of India except the State of Jammu and Kashmir and the Andaman and Nicobar Islands. Users can get information about the Act, its objectives, short title, commencement and repeal of enactment. Short title, commencement.—This Act may be called the Indian Trusts Act, , and it shall come into force on the first day of March, Local extent.—1[It extends to 2[the whole of India 3[except the State of Jammu and Kashmir] and] the Andaman and Nicobar Islands, 4[***]; but the Central Government may, from time to time, by. 1. Trust law (a) What is the legal basis on which trusts are recognized and enforced? Trusts, in general, under Indian law have a statutory basis, namely the Indian Trusts Act, Generally, there are two types of trusts in India: private trusts and public trusts. The Indian Trusts Act, governs the private Size: KB. The Indian Trusts Act deals with all the matters related to trusts, trustee and ing to section 10 of Indian Trusts Act states that “Every Person capable of holding property may be a trustee; but, where the trust involves the exercise of discretion, he cannot execute it unless he is competent to contract.”Thus.

THE INDIAN TRUSTS ACT, INTRODUCTION 1. Origin and Development of Trusts in England 4 Resulting Trust 6 Resulting, Implied or Constructive Trust 7 Unjust Enrichment: Approach to 7 2. Conception of Trusts in Hindu and Mohammedan Law 9 Contents xiii Religious Endowment - Section 6(17) of Tamil Nadu Hindu Charitable and Endowments Act, THE INDIAN TRUSTS ACT, 1* ACT No. 2 OF [13th January, ] An Act to define and amend the law relating to Private Trusts and Trustees. Preamble.-WHEREAS it is expedient to define and amend the law relating to Preamble. private trusts and trustees; It is hereby enacted as follows: CHAPTER I PRELIMINARY 1. Short Size: KB. As per section 5 of the Indian Trusts Act, a private trust related to an immovable property must be created by a non-testamentary instrument in writing, signed by the author of the trust or the trustee and must be registered under Section 17 of Registration : Sylvine. INDIAN TRUSTS ACT, Arrangement of Sections SECTION PAGE CHAPTER I PRELIMINARY 1. Short title, commencement 5 2. Repeal of enactments 5 3. Interpretation clause — “trust” 5 CHAPTER II OF THE CREATION OF TRUSTS 4. Lawful purpose 6 5. Trust of immovable property 7 6. Creation of trust 7 7. Who may create trusts 7 8. Subject of trust 8 9. Who may be beneficiary 8