A person holding property under Chapter IX of the Indian Trusts Act, 1882 rightfully cultivates it or…
Section 95 permits reasonable remuneration where the obligor rightfully cultivates property or employs it in trade or business, subject to its terms. It does not give every…
Choose your answer
A person holding property under Chapter IX of the Indian Trusts Act, 1882 rightfully cultivates it or employs it in trade or business. For the trouble, skill and loss of time in that productive use, what does the proviso to section 95 allow?
Answer and explanation
Correct answer D
Section 95 permits reasonable remuneration where the obligor rightfully cultivates property or employs it in trade or business, subject to its terms. It does not give every obligor remuneration merely for holding property under Chapter IX.