Search Results for "lump sum payment"

378 result(s) found

Scroll Down To Discover

Found 378 result(s)

© Image Copyrights Juris Services & Technology

Supreme Court Dismisses PIL Challenging Jeevan Aadhar Policy Condition That Annuity Payable Only After Death of Proposer Under Section 80DD Income Tax Act. Court Holds That Policy Terms Align with Statutory Scheme and No Violation of Article 14.

The petitioner, Ravi Agrawal, a differently abled person, filed a Public Interest Litigation under Article 32 of the Constitution challenging the cond...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Writ Petition for Minimum Pension of Rs.375 to Pre-1986 Pensioner Absorbed in Public Sector Undertaking. Petitioner entitled to minimum pension under Clause 7.1 read with Clause 10(a) of Office Memorandum dated 16.04.1987 despite having drawn lump sum terminal benefits.

The petitioner, Anthony C. Monteiro, was a government servant in the Department of Animal Husbandry and Veterinary Services, Goa, as a Junior Stenogra...

© Image Copyrights Juris Services & Technology

Supreme Court Allows Assessee in Income Tax Case — Receipt for Construction of Cinema House Not Advance Rent. Lease Lacked Stipulation for Adjustment of Payment Toward Rent; Premium Prima Facie Capital Not Taxable Under Income Tax Act.

The case involves an assessee who, on July 19, 1945, took a lease of certain premises in Calcutta on monthly rent. He made alterations to convert the ...

© Image Copyrights Juris Services & Technology

Supreme Court Dismisses Assessee's Claim to Treat Compensation as Capital Receipt Under Income Tax Act. Lump sum payment received by managing agent for reduction in remuneration held to be revenue receipt as it was in lieu of future profits and not for loss of managing agency.

The assessee firm, M/s. Godrej & Company, was appointed managing agent of a limited company for thirty years from November 9, 1933, under an agreement...