https://www.taxtmi.com/caselaws?id=358635 The High Court clarified the distinction between 'Dying in harness' and 'Dying in the course of employment' for tax purposes, overturning the Assessing Officer's initial rejection. The Court upheld the Tribunal's decision to allow the payment of a pension to the widow of the Managing Director, emphasizing commercial expediency and business nature. Citing past judgments, the Court supported the Assessee's position, ruling in favor of the Assessee and highlighting the importance of legal precedents and commercial considerations in determining tax deductions for payments to legal heirs. The Revenue's appeal was dismissed, affirming the Tribunal's decision. en-us Wed, 04 Apr 2018 00:00:00 +0530 Mon, 16 Apr 2018 08:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358635 The High Court clarified the distinction between 'Dying in harness' and 'Dying in the course of employment' for tax purposes, overturning the Assessing Officer's initial rejection. The Court upheld the Tribunal's decision to allow the payment of a pension to the widow of the Managing Director, emphasizing commercial expediency and business nature. Citing past judgments, the Court supported the Assessee's position, ruling in favor of the Assessee and highlighting the importance of legal precedents and commercial considerations in determining tax deductions for payments to legal heirs. The Revenue's appeal was dismissed, affirming the Tribunal's decision. Case-Laws Income Tax Wed, 04 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358635