Sikkimese income exemption expanded to state-source income and dividends, subject to a marriage proviso for women. Section 10 is amended to add clause (26AAA) exempting income of a defined 'Sikkimese' individual from sources in Sikkim and from dividends or interest on securities, subject to a proviso excluding a Sikkimese woman who marries a non Sikkimese on or after 1 April 2008; clause (26AAB) exempts income of agricultural produce market committees or boards; clause (29A) is expanded to cover the Coir Board; and clause (43) exempts amounts received by an individual as loans under reverse mortgage transactions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Sikkimese income exemption expanded to state-source income and dividends, subject to a marriage proviso for women.
Section 10 is amended to add clause (26AAA) exempting income of a defined "Sikkimese" individual from sources in Sikkim and from dividends or interest on securities, subject to a proviso excluding a Sikkimese woman who marries a non Sikkimese on or after 1 April 2008; clause (26AAB) exempts income of agricultural produce market committees or boards; clause (29A) is expanded to cover the Coir Board; and clause (43) exempts amounts received by an individual as loans under reverse mortgage transactions.
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