https://www.taxtmi.com/caselaws?id=27507 Under rule 11(9) of the Estate Duty (Controlled Companies) Rules, 1953, the non-share benefit computation must be confined to the benefits accruing to the deceased, because section 17 of the Estate Duty Act, 1953 links the charge to the deceased's own benefit position in the relevant accounting years. Excess remuneration paid to other directors is not the proper basis for the deceased's non-share benefit, since those sums had already entered the company's income and do not represent the deceased's entitlement. The correct computation therefore takes only the deceased's own excess remuneration into account, and the tribunal's approach of aggregating remuneration paid to all directors was rejected. en-us Mon, 07 Feb 1983 00:00:00 +0530 Sat, 13 Feb 2010 12:49:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27507 Under rule 11(9) of the Estate Duty (Controlled Companies) Rules, 1953, the non-share benefit computation must be confined to the benefits accruing to the deceased, because section 17 of the Estate Duty Act, 1953 links the charge to the deceased's own benefit position in the relevant accounting years. Excess remuneration paid to other directors is not the proper basis for the deceased's non-share benefit, since those sums had already entered the company's income and do not represent the deceased's entitlement. The correct computation therefore takes only the deceased's own excess remuneration into account, and the tribunal's approach of aggregating remuneration paid to all directors was rejected. Case-Laws Income Tax Mon, 07 Feb 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27507