https://www.taxtmi.com/caselaws?id=277446 A lump-sum salami received on granting a 999-year mining lease was treated as capital receipt for parting with a substantial leasehold interest, so it was not chargeable to income-tax; recurring royalties under the same leases were held to be taxable income because they were periodic returns from extraction. Maintenance annuities charged under a will were not deductible from assessable income where the record did not show what part of the burden fell on taxable income rather than agricultural income. For super-tax, the income of an impartible estate was assessable in the hands of the holder individually, not as the income of a Hindu undivided family, because coparcenary rights in the income did not arise during the holder's lifetime. en-us Thu, 03 Jul 1924 00:00:00 +0530 Tue, 04 Dec 2018 14:30:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277446 A lump-sum salami received on granting a 999-year mining lease was treated as capital receipt for parting with a substantial leasehold interest, so it was not chargeable to income-tax; recurring royalties under the same leases were held to be taxable income because they were periodic returns from extraction. Maintenance annuities charged under a will were not deductible from assessable income where the record did not show what part of the burden fell on taxable income rather than agricultural income. For super-tax, the income of an impartible estate was assessable in the hands of the holder individually, not as the income of a Hindu undivided family, because coparcenary rights in the income did not arise during the holder's lifetime. Case-Laws Income Tax Thu, 03 Jul 1924 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277446