https://www.taxtmi.com/caselaws?id=20957 The court held that the amount spent by the employer on purchasing deferred annuity policies was assessable as part of the assessee's salary under the Income-tax Act, 1961. The court ruled against the assessee and in favor of the Department, emphasizing the interpretation of relevant provisions of the Act and distinguishing the case from previous judicial decisions due to differences in statutory language and context. No costs were awarded in the judgment. en-us Thu, 29 Oct 1992 00:00:00 +0530 Wed, 18 Nov 2009 12:42:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20957 The court held that the amount spent by the employer on purchasing deferred annuity policies was assessable as part of the assessee's salary under the Income-tax Act, 1961. The court ruled against the assessee and in favor of the Department, emphasizing the interpretation of relevant provisions of the Act and distinguishing the case from previous judicial decisions due to differences in statutory language and context. No costs were awarded in the judgment. Case-Laws Income Tax Thu, 29 Oct 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20957