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1958 (10) TMI 4 - SC - Income Tax
Whether the aforesaid receipts from John H. Levy constitute income taxable under the Travancore Income-tax Act, 1121 ?
Held that:- In the view that we take namely, that the payments with which we are concerned, were income arising from the vocation of the appellant as a teacher of Vedanta, no question of exemption under section 4(3)(vii) of the Act arises. In order that a payment may be exempted under that section, it has to be shown that it did not arise from the exercise of a vocation. Appeal dismissed.