Indian Income-Tax Act, 1922

41. Courts of Wards, etc.—[(1)] In the case of income, profits or gains chargeable under this Act which * * the Courts of Wards, the Administrators-General, the Official Trustees or * any receiver or manager (including any person whatever his designation who in fact manages property on behalf of another) appointed by or under any order of a Court, [or any trustee or trustees [appointed under a trust declared by a duly executed instrument in writing whether testamentary or otherwise] (including the trustee or trustees under any Wakf deed which is valid under the Mussalman Wakf Validating Act, 1913), are entitled to receive on behalf of any person,] the tax shall be levied upon and recoverable from such Court of Wards, Administrator-General, Official Trustee, receiver or manager [or trustee or trustees], in the like manner and to the same amount as it would be leviable upon and recoverable from [the person on whose behalf such income, profits or gains are receivable], and all the provisions of this Act shall apply accordingly:

[Provided that where any such income, profits or gains or any part thereof are not specifically receivable on behalf of any one person, or where the individual shares of the persons on whose behalf they are receivable are indeterminate or unknown, the tax shall be levied and recoverable at the maximum rate, [but, where such persons have no other personal income chargeable under this Act and none of them is an artificial juridical person, as if such income, profits or gains or such part thereof were the total income of an association of persons]:

Provided further that when part only of the income, profits and gains of a trust is chargeable under this Act, that proportion only of the income, profits and gains receivable by a beneficiary from the trust which the part so chargeable bears to the whole income, profits .... To read the full section download the app from Google Play store