https://www.taxtmi.com/caselaws?id=24478 The High Court of Calcutta ruled in favor of the assessee in a case concerning the inclusion of an ex gratia payment in the total income under section 17(3)(i) of the Income-tax Act, 1961 for the assessment year 1970-71. The court held that the ex gratia payment was voluntary and not compensation, thus not taxable as income. Consequently, the court answered the question in the affirmative against the Revenue, with no order as to costs. Judge K. M. Yusuf concurred with the judgment. en-us Tue, 05 Jul 1988 00:00:00 +0530 Wed, 20 Jan 2010 13:45:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24478 The High Court of Calcutta ruled in favor of the assessee in a case concerning the inclusion of an ex gratia payment in the total income under section 17(3)(i) of the Income-tax Act, 1961 for the assessment year 1970-71. The court held that the ex gratia payment was voluntary and not compensation, thus not taxable as income. Consequently, the court answered the question in the affirmative against the Revenue, with no order as to costs. Judge K. M. Yusuf concurred with the judgment. Case-Laws Income Tax Tue, 05 Jul 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24478