https://www.taxtmi.com/caselaws?id=6807 The court ruled in favor of income exemption post Lady Kikabhai's relinquishment, holding that the income accrued to the trustees from the trust properties after 1955 was exempt under section 4(3)(i) of the Indian Income-tax Act. The Commissioner was directed to pay the costs of the respondent, settling the matter in favor of the trustees. en-us Mon, 06 Feb 1967 00:00:00 +0530 Mon, 02 Feb 2009 11:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6807 The court ruled in favor of income exemption post Lady Kikabhai's relinquishment, holding that the income accrued to the trustees from the trust properties after 1955 was exempt under section 4(3)(i) of the Indian Income-tax Act. The Commissioner was directed to pay the costs of the respondent, settling the matter in favor of the trustees. Case-Laws Income Tax Mon, 06 Feb 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6807