746/CBDT.

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....1 by the Rulers of Indian States (Abolition of Privileges) Act (54 of 1972), an Act further to amend certain enactments consequent on the derecognition of Rulers of Indian States and abolition of Privy Purses. This clause provides that:- "the annual value of any one palace in the occupation of a Ruler, being a palace, the annual value whereof was exempt from income-tax before the commencement o....

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.... of Indian States which were declared by the Central Government as official residences of such Rulers and were treated as exempt from taxation in terms of section 15(3) of the Part B states (Taxation Concession) Order, 1950. Whereas in terms of section 15(3) of the Part B States (Taxation Concession) Order of 1950 the official residence duly notified of Rulers were treated as exempt u/s 10(19A) no....