The cumulative income was then to be divided into three equal shares and the respective l/3rd share of each son was to be paid to him.
The assessee, an individual, had executed two deeds of trust and a supplementary deed, the cumulative effect of which was that the income from the trusts was to be accumulated until the attainment of majority by his three sons.
P. Barucha, J. This appeal by certificate arises upon an income tax reference, the relevant assessment years being assessment years 1965 66, 1966 67, 1967 68, 1968 69 and 1969 70.
