https://www.taxtmi.com/caselaws?id=277340 The court held that the lump sum payment received by the assessee upon resignation was not taxable as it was not received in British India within the meaning of Section 4(1) of the Income Tax Act, 1922. The court found that the sum was first credited to the assessee's account at the Hyderabad branch, outside British India, and therefore Section 4(1) did not apply. The court's decision was in the negative, and the Petitioner was awarded costs, including the costs incidental to printing the paper book, with the hearing fee assessed at Rs. 300. en-us Fri, 14 Nov 1924 00:00:00 +0530 Sat, 01 Dec 2018 12:56:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277340 The court held that the lump sum payment received by the assessee upon resignation was not taxable as it was not received in British India within the meaning of Section 4(1) of the Income Tax Act, 1922. The court found that the sum was first credited to the assessee's account at the Hyderabad branch, outside British India, and therefore Section 4(1) did not apply. The court's decision was in the negative, and the Petitioner was awarded costs, including the costs incidental to printing the paper book, with the hearing fee assessed at Rs. 300. Case-Laws Income Tax Fri, 14 Nov 1924 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277340