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Case Law Details

Case Name : Maharao Bhim Singh of Kota Vs Commissioner of Income-tax (supreme Court of India)
Related Assessment Year :
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CA Hiren Bhandari

Income Tax exemption on let out portion of palace as it would be deemed to be in occupation of Ruler under sec. 10(19A)

Where Ruler continues to occupy palace, whether by actually utilizing it or by keeping it vacant, it shall be, for purpose of section 10(19A), deemed to be in his occupation, and he will also be entitled to exemption under section 10(19A) in respect of annual value of Part of palace, po

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One Comment

  1. B.V.Subrahmanyam says:

    If one rents out a portion of his house, and continues to occupy the other portion, is he entitled for income tax exemption on the income from the let out portion of the property, as per the supreme court
    judgement cited here? If so, one can get such exemptions on let out portion for Paying guests?

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