https://www.taxtmi.com/caselaws?id=49269 The court held that the rental income received by the insurance company from its property was not exempt under section 4(3)(xii) of the Indian Income-tax Act, 1922, due to the specific assessment rules for insurance businesses under section 10(7). The court affirmed the decision of the High Court, dismissing the appeals and awarding costs against the appellant. en-us Wed, 15 Dec 1965 00:00:00 +0530 Sun, 17 Aug 2014 14:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49269 The court held that the rental income received by the insurance company from its property was not exempt under section 4(3)(xii) of the Indian Income-tax Act, 1922, due to the specific assessment rules for insurance businesses under section 10(7). The court affirmed the decision of the High Court, dismissing the appeals and awarding costs against the appellant. Case-Laws Income Tax Wed, 15 Dec 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49269