https://www.taxtmi.com/caselaws?id=277341 Whether annuity instalments collected by an agent outside British India but remitted to the appellant amount to income received in British India was addressed by applying the ordinary meaning of income and the statutory definition of receipt. The court reasoned that payments from an identifiable source (an annuity) constitute income "what comes in," and that collection by an agent in Mysore does not prevent the sums being treated as received in British India when remitted; such remittances fall under the statutory receipt rule and Part IV of Schedule II, resulting in taxation in British India. en-us Tue, 28 Sep 1915 00:00:00 +0530 Sat, 01 Dec 2018 12:59:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277341 Whether annuity instalments collected by an agent outside British India but remitted to the appellant amount to income received in British India was addressed by applying the ordinary meaning of income and the statutory definition of receipt. The court reasoned that payments from an identifiable source (an annuity) constitute income "what comes in," and that collection by an agent in Mysore does not prevent the sums being treated as received in British India when remitted; such remittances fall under the statutory receipt rule and Part IV of Schedule II, resulting in taxation in British India. Case-Laws Income Tax Tue, 28 Sep 1915 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277341