Section 10(26) Exemption Limited to Individual Members of Scheduled Tribe: ITAT Guwahati

Hotel Centre Point Vs ITO (ITAT Guwahati) ITAT Guwahati held that the exemption of 10(26) of the Income Tax Act is available to the individual members of the Scheduled Tribe and the said benefit cannot be extended to a partnership firm. Facts- The assessee partnership firm running hotel business. It consisted of two partners namely Shri Prabhat Dey Sawyan and Mr. Walamphang Roy, both the partners belonged to Khasis tribe which is enlisted as Scheduled Tribe in the State of Meghalaya and is covered under Clause (25) of Article 366 of the Constitution of India. They are residents of Khasi Hills ...