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Case Name : The Central India Electric Supply Co. Ltd. Vs. Income Tax Officer (Delhi High Court)
Related Assessment Year :
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Delhi High Court THE CENTRAL INDIA ELECTRIC SUPPLY CO. LTD VS. INCOME TAX OFFICER, COMPANY CIRCLE – X, ITA No. 17 / 1999, January 28, 2011 ORDER 1. This appeal arises out of the Order dated 04.03.1999 of the Income Tax Appellate Tribunal ( for short, the Tribunal ) in terms whereof the appeal of the assessee relating to the assessment year 1965-66 and the appeal filed by the Revenue relating to the assessment year 1979-80 were partly allowed, while the cross-objections of the assessee relating to the assessment year 1979-80 were dismissed. 2. The questions of law, which ari...
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0 Comments

  1. ram g l says:

    Please favourt me Keyman policy tax treatment in case it is assign in favour of keyperson before maturity on resignation of keyman from proprietory concern. Who will pay the tax & on what amount. Whether maturity proceeds receivable by key man are tax free or taxable on maturity

  2. Ashu Sharma says:

    A client of mine is looking at takin up a keyman insurance policy for its managing director. kindly provide me the latest update, irda guidelines and tax treatment for the same

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