https://www.taxtmi.com/caselaws?id=26035 The Tribunal upheld the assessment under section 168 of the Income-tax Act, 1961, regarding taxability of principal amount and interest on annuity deposit, deductibility of proportionate estate duty, and confirmed assessment of capital gains from jewellery sale. The decision was based on legal principles and previous court references, rejecting the assessee's claims. The judgment emphasizes the significance of adhering to the law in determining tax liabilities, aligning with precedent and supporting the Tribunal's decisions against the assessee. en-us Thu, 03 Jul 1986 00:00:00 +0530 Tue, 02 Feb 2010 13:43:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26035 The Tribunal upheld the assessment under section 168 of the Income-tax Act, 1961, regarding taxability of principal amount and interest on annuity deposit, deductibility of proportionate estate duty, and confirmed assessment of capital gains from jewellery sale. The decision was based on legal principles and previous court references, rejecting the assessee's claims. The judgment emphasizes the significance of adhering to the law in determining tax liabilities, aligning with precedent and supporting the Tribunal's decisions against the assessee. Case-Laws Income Tax Thu, 03 Jul 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26035