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Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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Mysore Royal family cleared of all Income Tax liabilities

Mysuru: The Income Tax Department, Mysuru, has granted the much-awaited relief to the Mysore Royal family by putting to rest all pending litigations with respect to Wealth Tax and Income Tax matters…

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Published April 5, 2018 · 2 min read
mysore royal family cleared of

Mysuru:  The Income Tax Department, Mysuru, has granted the much-awaited relief to the Mysore Royal family by putting to rest all pending litigations with respect to Wealth Tax and Income Tax matters pending before various Income Tax authorities and Courts till date.

The move comes after a judgement from Supreme Court (No. 6873-6881/2005 dated 21.09.2015). The Department officials said, “The Department is refunding the amount collected, being excess taxes recovered by way of auction of properties, attachment of rental income and recoveries from personal income.”

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