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Case lawSupreme Court › CIT v Kamalini Khatau
Supreme CourtHelps departments.164s.166s.161s.160s.5s.4

CIT v Kamalini Khatau

A discretionary trust distributed income to me during the year and the trustees have already been assessed on it. Can the Assessing Officer also assess me?

A discretionary trust distributed income to me during the year and the trustees have already been assessed on it. Can the Assessing Officer also assess me?

Yes — the Revenue has an option, and it can assess either the trustees or the beneficiary, but only in respect of income actually distributed to and received by the beneficiary during the accounting year. Section 164 is not a code in itself; it fixes only how tax is charged, while the liability to be assessed comes from s.161, and s.5 read with s.4 lets the beneficiary be taxed directly on what he actually received.

Decided by the Supreme Court (M.N. Venkatachaliah CJ, S.C. Agrawal J and S.P. Bharucha J (judgment of the Court delivered by S.P. Bharucha J)) on 1994-05-09, reported as 1994 AIR 2759; 1994 SCC (4) 308; JT 1994 (4) 16; 1994 SCALE (2) 976; lead appeal Civil Appeal No. 2145 of 1978. It bears on section 164, section 166, section 161, section 160, section 5, section 4 of the Income Tax Act 1961, in Charitable Trusts & Exemption and Assessment & Scrutiny matters.

Still good law. Later treatment was checked to this extent and no further: the Supreme Court in CWT v. Estate of Late HMM Vikramsinhji of Gondal, decided 16 April 2014, records at para 4 that Revenue counsel conceded that in view of Kamalini Khatau the High Court's view on the U.S. trusts could not be faulted, and the Court proceeded on that footing — that judgment was read in full for this entry. No systematic search for decisions doubting Kamalini Khatau was run. Separately, the ratio survives but the statutory machinery quoted in the judgment does not: para 20 sets out s.164 in the form applicable to AY 1969-70 — AOP rate, or the beneficiary's own rate on income actually received by him, whichever benefits the Revenue — which is neither the Finance Act 1970 version nor the present maximum marginal rate charge.

Why it matters

This is the case the department leads with whenever it assesses a discretionary-trust beneficiary on a distribution. Its limits are the defence: the option runs only to income distributed and received in the accounting year, so accumulated income cannot be assessed in the beneficiary's hands at all. It is also an option, not a licence to collect twice — Nagappa (which this judgment applies at para 24) requires the duplicate assessment to be annulled. The Court expressly held that s.166 itself does not help the Revenue here, because s.166 speaks of income 'receivable', which discretionary trust income is not; the Revenue's power comes from s.5 and s.4, and s.166 is merely clarificatory.

Binding on every court and authority in India.

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