https://www.taxtmi.com/caselaws?id=21945 The provisos to section 10(1) of the Kerala Agricultural Income-tax Act were construed as limiting only clause (e), not clauses (a), (c) or (d). Reading the provisos harmoniously and in light of section 15 of the Indian Income-tax Act, 1922, the court treated clause (e) as the only part of section 10(1) dealing with the same life-insurance-related exemption field. Because the other clauses operate on distinct subjects, the first proviso and the further limitation in the second proviso were held to confine only the exemption under clause (e). en-us Fri, 06 Mar 1992 00:00:00 +0530 Fri, 04 Dec 2009 13:47:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21945 The provisos to section 10(1) of the Kerala Agricultural Income-tax Act were construed as limiting only clause (e), not clauses (a), (c) or (d). Reading the provisos harmoniously and in light of section 15 of the Indian Income-tax Act, 1922, the court treated clause (e) as the only part of section 10(1) dealing with the same life-insurance-related exemption field. Because the other clauses operate on distinct subjects, the first proviso and the further limitation in the second proviso were held to confine only the exemption under clause (e). Case-Laws Income Tax Fri, 06 Mar 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21945