Supreme Court · 1964 INSC 140 · Decided 29 April 1964

Jagdish Chander Gupta v. Kajaria Traders (India) LTD.

Court
Supreme Court of India
Citation
1964 INSC 140 · [1964] 8 S.C.R. 50
Case number
CIVIL APPEAL No. 791/1962
Decided
29 April 1964
Bench
K.N. WANCHOO, M. HIDAYATULLAH, K.C. DAS GUPTA, N. RAJAGOPALA AYYANGAR (4-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil
Acts & sections cited
Arbitration Act Section 8(2)

Headnote

COURT REPORTS [rg64J IfJfU "such" may . as weU refer to the "income" in the opening CJ.T. sentence of sub-s. (3). The said rnb-section says that the ~I h "· WanllJ incomes mentioned thereunder shall not be included in the • "°- ' total income, but the in favour of the trust. 1964 April, 29. The legal position may briefly be stated thus. Clause (i) of s. 4,(3) of the Act takes in every property or a frac­ tional part of it held in trust wholly for religious or charit­ able purposes. It also takes in :mch property held only in part for

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