https://www.taxtmi.com/caselaws?id=16525 The court held that the sum received from the approved superannuation fund on premature retirement was not taxable as income. The judgment favored the assessee, emphasizing the exclusion of such receipts from the definition of "income" under the Income-tax Act. The court highlighted the strict interpretation of fiscal statutes and ruled against the Revenue. The case was concluded with no order as to costs. en-us Tue, 30 Jun 1998 00:00:00 +0530 Tue, 08 Sep 2009 13:07:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16525 The court held that the sum received from the approved superannuation fund on premature retirement was not taxable as income. The judgment favored the assessee, emphasizing the exclusion of such receipts from the definition of "income" under the Income-tax Act. The court highlighted the strict interpretation of fiscal statutes and ruled against the Revenue. The case was concluded with no order as to costs. Case-Laws Income Tax Tue, 30 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16525