https://www.taxtmi.com/caselaws?id=185202 Section 25(4) relief is confined to the business for which the relevant tax treatment applies and does not extend to distinct stores or mills operations. Under section 25A(1), separate enjoyment of income from immovable property does not establish partition unless the property is divided by metes and bounds; shares may be treated as divided where allocation is complete and no further act is required. Post-partition dividends belong to individual shareholders rather than the Hindu undivided family. Municipal rates are deductible from rental income only where the annual liability is charged on the property. Dividend exemption does not arise merely from a shareholder's interest in company property. Foreign tax deducted before dividend payment is not income receivable by the shareholder. en-us Wed, 06 Aug 1958 00:00:00 +0530 Wed, 03 Aug 2016 17:27:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185202 Section 25(4) relief is confined to the business for which the relevant tax treatment applies and does not extend to distinct stores or mills operations. Under section 25A(1), separate enjoyment of income from immovable property does not establish partition unless the property is divided by metes and bounds; shares may be treated as divided where allocation is complete and no further act is required. Post-partition dividends belong to individual shareholders rather than the Hindu undivided family. Municipal rates are deductible from rental income only where the annual liability is charged on the property. Dividend exemption does not arise merely from a shareholder's interest in company property. Foreign tax deducted before dividend payment is not income receivable by the shareholder. Case-Laws Income Tax Wed, 06 Aug 1958 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185202