https://www.taxtmi.com/caselaws?id=188526 The court interpreted the insurance policy terms in favor of the appellant, awarding a further payment of Rs. 50,000 on an ex gratia basis due to the policyholder's untimely death. Despite a subsequent circular excluding Double Accident Benefit (DAB) under certain plans, the court aligned with the purpose of the policy and ordered the payment to ensure the well-being of the deceased's family. The respondent was directed to make the payment within a month, ruling in favor of the appellant without costs. en-us Fri, 24 Feb 1995 00:00:00 +0530 Thu, 29 Dec 2016 18:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188526 The court interpreted the insurance policy terms in favor of the appellant, awarding a further payment of Rs. 50,000 on an ex gratia basis due to the policyholder's untimely death. Despite a subsequent circular excluding Double Accident Benefit (DAB) under certain plans, the court aligned with the purpose of the policy and ordered the payment to ensure the well-being of the deceased's family. The respondent was directed to make the payment within a month, ruling in favor of the appellant without costs. Case-Laws Income Tax Fri, 24 Feb 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188526