Supreme Court: Single Insolvency Petition Maintainable Against Linked Corporate Entities || Supreme Court: Disputes are Not Arbitrable When the Arbitration Agreement is Alleged to be Forged || Supreme Court: Temple Trust Does Not Qualify as an ‘Industry’ under the Industrial Disputes Act || Delhi HC: Unmarried Granddaughter’s Limited Estate Can Become Absolute if Pre-Existing Right || MP High Court: Labour Laws are Beneficial, and Hyper-Technical Limitation Views Must be Avoided || Calcutta HC: Supplementary Chargesheet Filed Late in NDPS Trial is Valid if Based on Fresh Evidence || Delhi High Court: Co-Accused’s Abscondence Can Be a Relevant Factor in Granting NDPS Bail || P &H HC: Unfavourable Orders Cannot Justify Trial Transfer; Courts Must Prevent Forum Hunting || SC: UGC Regulations Override State Law on Forming Search Committees For University VC Appointments || SC: State Cannot Deny Regularisation to Long-Serving Contract Staff Appointed Through Due Process

Search Results for Tag : Erstwhile rulers

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Supreme Court Rules, Income from Palace Rents Not Taxable Under IT Law(06.12.2016)

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 no.....

Tags : Supreme Court, erstwhile rulers, princely state, residential palace, Income Tax

SC: Erstwhile Rulers Need Not Pay Tax On Income From Leasing Palaces(13.12.2016)

Supreme Court has held that Erstwhile rulers are not required to pay tax on income earned by letting out a portion of their residential palace.

Tags : Supreme Court, Erstwhile rulers, residential palace, income tax