Supreme Court Dismisses Assessee's Appeal in Income Tax Rebate Case Due to Non-Satisfaction of Section 15(1) Conditions. Children’s Deferred Endowment Assurance Policy Premium Not Eligible for Rebate as Insurance Not on Assessee’s Own Life Under Income Tax Act, 1922.
14 Oct 1966The case arose from an income-tax assessment for the year 1960-61, where the assessee, a minor, claimed rebate under Section 15(1) of the Income-tax A...
