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Income Tax - Highlights / Catch Notes

Home Highlights December 2016 Year 2016 This

Claim of exemption on Rental income from Umed Bhawan Palace u/s ...

Case Laws     Income Tax

December 8, 2016

Claim of exemption on Rental income from Umed Bhawan Palace u/s 10(19A) - whether Ruler is entitled to claim exemption for the whole of his residential palace or such exemption would confine only to that portion of the palace which is in his actual occupation - Legislature did not intend to tax portion of the “palace” by splitting it in parts - SC

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