https://www.taxtmi.com/caselaws?id=21784 The High Court ruled in favor of the Palace Fund, holding that the income from properties reserved for the Royal Family should be excluded from the assessment of the Palace Fund. The court affirmed that the properties did not belong to the Palace Fund, and the Royal Family members only had a permissive right of use and occupation. Additionally, the court found that the Palace Fund's status as an individual or Hindu undivided family was irrelevant for tax assessment purposes. The Tribunal's decision was upheld, and no referable question arose for consideration in the Revenue's petitions. en-us Thu, 25 Jul 1991 00:00:00 +0530 Tue, 01 Dec 2009 10:51:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21784 The High Court ruled in favor of the Palace Fund, holding that the income from properties reserved for the Royal Family should be excluded from the assessment of the Palace Fund. The court affirmed that the properties did not belong to the Palace Fund, and the Royal Family members only had a permissive right of use and occupation. Additionally, the court found that the Palace Fund's status as an individual or Hindu undivided family was irrelevant for tax assessment purposes. The Tribunal's decision was upheld, and no referable question arose for consideration in the Revenue's petitions. Case-Laws Income Tax Thu, 25 Jul 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21784