https://www.taxtmi.com/caselaws?id=277341 Annuity instalments remitted by an agent from Mysore Province to a resident in British India were treated as income received in British India under the Income-tax Act, 1886. The Court held that income is what comes in, and that sums derived from an income source remain income even after collection by an agent. Because the amounts were sent to and received by the assessee in British India, they fell within the statutory definition of receipt and were liable to tax. The assessee's contention was rejected. 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 Annuity instalments remitted by an agent from Mysore Province to a resident in British India were treated as income received in British India under the Income-tax Act, 1886. The Court held that income is what comes in, and that sums derived from an income source remain income even after collection by an agent. Because the amounts were sent to and received by the assessee in British India, they fell within the statutory definition of receipt and were liable to tax. The assessee's contention was rejected. Case-Laws Income Tax Tue, 28 Sep 1915 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277341