https://www.taxtmi.com/circulars?id=10241 Section 10(19A) limits the income-tax exemption to the annual value of one palace occupied by a Ruler only if that palace's annual value had been exempt before the Constitution (Twenty-sixth Amendment) Act, 1971; a corresponding restriction applies under the Wealth Tax provisions. The Board instructs Income-tax officers to examine cases from the 1971-72 assessment year onwards where such palaces were let and exemptions claimed, and to take rectificatory action where exemptions were improperly allowed. en-us Fri, 30 Aug 1974 00:00:00 +0530 Mon, 13 Jun 2011 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10241 Section 10(19A) limits the income-tax exemption to the annual value of one palace occupied by a Ruler only if that palace's annual value had been exempt before the Constitution (Twenty-sixth Amendment) Act, 1971; a corresponding restriction applies under the Wealth Tax provisions. The Board instructs Income-tax officers to examine cases from the 1971-72 assessment year onwards where such palaces were let and exemptions claimed, and to take rectificatory action where exemptions were improperly allowed. Circulars Income Tax Fri, 30 Aug 1974 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10241