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![Rental Income received by a Ruler from the Requisitioned Palace is not Taxable: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan-min.jpg "Rental Income received by a Ruler from the Requisitioned Palace is not Taxable: SC [Read Judgment]")
Rental Income received by a Ruler from the Requisitioned Palace is not Taxable: SC [Read Judgment]
In a recent decision, the two-judge bench of the Supreme Court held that a Ruler is not liable to income tax in respect of rent received from the...