https://www.taxtmi.com/caselaws?id=430563 Income of a Scheduled Tribe resident from a specified area remains exempt under section 10(26) unless the revenue shows that the relevant income or capital originated outside the specified area. On the facts noted, the record did not establish any outside-source nexus for the capital brought forward or introduced, so the exemption was sustained. The jurisdictional objection also failed because the returned income exceeded the prescribed monetary limit placing the case with ACIT, Circle-Tezpur, and the section 144 assessment was not vitiated as opportunities of hearing had been afforded. en-us Thu, 03 Nov 2022 00:00:00 +0530 Tue, 22 Nov 2022 11:18:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430563 Income of a Scheduled Tribe resident from a specified area remains exempt under section 10(26) unless the revenue shows that the relevant income or capital originated outside the specified area. On the facts noted, the record did not establish any outside-source nexus for the capital brought forward or introduced, so the exemption was sustained. The jurisdictional objection also failed because the returned income exceeded the prescribed monetary limit placing the case with ACIT, Circle-Tezpur, and the section 144 assessment was not vitiated as opportunities of hearing had been afforded. Case-Laws Income Tax Thu, 03 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430563