https://www.taxtmi.com/caselaws?id=49284 International-law immunity from Indian income-tax was rejected where the former State had no international personality and the merger covenant did not confer a tax exemption; the taxing statute, once extended to the merged territory, governed assessability. The Part B States (Taxation Concessions) Order, 1950 was treated as a rate-relief mechanism, not a blanket exemption for an ex-ruler, so no full exemption followed from former State non-liability. For specified Government securities, income-tax relief applied in the direct holding context, but the trust-held securities lost the private-property character needed for the notification-based exemption, so super-tax relief was unavailable there. en-us Mon, 25 Oct 1965 00:00:00 +0530 Tue, 19 Aug 2014 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49284 International-law immunity from Indian income-tax was rejected where the former State had no international personality and the merger covenant did not confer a tax exemption; the taxing statute, once extended to the merged territory, governed assessability. The Part B States (Taxation Concessions) Order, 1950 was treated as a rate-relief mechanism, not a blanket exemption for an ex-ruler, so no full exemption followed from former State non-liability. For specified Government securities, income-tax relief applied in the direct holding context, but the trust-held securities lost the private-property character needed for the notification-based exemption, so super-tax relief was unavailable there. Case-Laws Income Tax Mon, 25 Oct 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49284