https://www.taxtmi.com/acts?id=49015 Clause 18 defines profits in lieu of salary to include compensation on termination or modification of employment, amounts received before joining or after cessation of employment, and payments from an employer or provident or other fund excluding the assessee's contributions or interest; it also includes Keyman insurance proceeds, while excluding specified payments listed in tables of Schedule II and Schedule III. en-us Fri, 14 Feb 2025 16:07:11 +0530 Fri, 14 Feb 2025 16:07:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49015 Clause 18 defines profits in lieu of salary to include compensation on termination or modification of employment, amounts received before joining or after cessation of employment, and payments from an employer or provident or other fund excluding the assessee's contributions or interest; it also includes Keyman insurance proceeds, while excluding specified payments listed in tables of Schedule II and Schedule III. Act-Rules Bills Fri, 14 Feb 2025 16:07:11 +0530 https://www.taxtmi.com/acts?id=49015