Part 1 of 2 of CoI : Part 1 of 2

Explanation using Example

Example 1:

Scenario: Ramesh owns a farm in Punjab and earns income from selling crops grown on his land. He is unsure whether this income is subject to income tax.

Application: According to Article 366(1) of the Constitution of India, "agricultural income" is defined as per the enactments relating to Indian income-tax. This means that Ramesh's income from selling crops is considered agricultural income and is exempt from income tax under the Income Tax Act, 1961.

Example 2:

Scenario: John is an Anglo-Indian whose father was of European descent but was born and has always lived in India. John is applying for a government job and needs to confirm his status as an Anglo-Indian.

Application: As per Article 366(2) of the Constitution of India, an Anglo-Indian is defined as a person whose father or any male ancestor in the male line is or was of European descent but who is domiciled in India and was born in India to parents who are habitually resident there. John meets these criteria and can confirm his status as an Anglo-Indian for his job application.

Example 3:

Scenario: A company in Mumbai wants to raise funds by issuing annuities and is unsure if this constitutes borrowing under the Constitution.

Application: According to Article 366(4) of the Constitution of India, "borrow" includes the raising ...

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