https://www.taxtmi.com/caselaws?id=59305 The appeal was partly allowed, with directions given to reassess both the disallowance for tax liability deduction from outstanding remuneration and the valuation of L.I.C. Annuity policies based on the Tribunal's guidance in previous cases. The Tribunal emphasized the need for proper valuation and instructed the WTO to redecide the valuation issue in accordance with the law. en-us Fri, 09 Sep 1988 00:00:00 +0530 Mon, 27 Dec 2010 17:18:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59305 The appeal was partly allowed, with directions given to reassess both the disallowance for tax liability deduction from outstanding remuneration and the valuation of L.I.C. Annuity policies based on the Tribunal's guidance in previous cases. The Tribunal emphasized the need for proper valuation and instructed the WTO to redecide the valuation issue in accordance with the law. Case-Laws Income Tax Fri, 09 Sep 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59305