NCLAT: Can’t Dismiss Restoration App. if Filed in 30 Days from Date of Dismissal of Original App.  ||  Delhi HC: Communication between Parties through Whatsapp Constitute Valid Agreement  ||  Delhi HC Seeks Response from Govt. Over Penalties on Petrol Pumps Supplying Fuel to Old Vehicles  ||  Centre Notifies "Unified Waqf Management, Empowerment, Efficiency and Development Rules, 2025"  ||  Del. HC: Can’t Reject TM Owner’s Claim Merely because Defendant Could have Sought Removal of Mark  ||  Bombay HC: Cannot Treat Sole Director of OPC, Parallelly with Separate Legal Entity  ||  Delhi HC: Can Apply 'Family of Marks' Concept to Injunct Specific Marks  ||  HP HC: Can’t Set Aside Ex-Parte Decree for Mere Irregularity  ||  Cal. HC: Order by HC Bench Not Conferred With Determination by Roster is Void  ||  Calcutta HC: Purchase Order Including Arbitration Agreement to Prevail Over Tax Invoice Lacking it    

Supreme Court Rules, Income from Palace Rents Not Taxable Under IT Law - (06 Dec 2016)

Supreme Court has held that income earned by erstwhile rulers of a princely state or their heirs by renting out a portion of residential palace was not taxable and rapped Income Tax Department for pursuing a case despite their income being exempted under IT law.

Tags : SUPREME COURT   ERSTWHILE RULERS   PRINCELY STATE   RESIDENTIAL PALACE   INCOME TAX  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved