Supreme Court Dismisses Revenue Appeals in Income Tax Exemption Case Involving Trust Income. Assessee's Entitlement to Exemption Under Government Agreement Upheld Despite Transfer of Beneficial Interest Under Section 58 of Indian Trusts Act, 1882....
The dispute concerned the Indian income tax assessment of Nizam Mir Osman Ali Khan Bahadur, the former Ruler of Hyderabad State, for the assessment years 1952-53, 1953-54 and 1954-55. The assessee had...




