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Profits in lieu of salary

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Full Text of the Document

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....this section,- "Profits in lieu of salary" includes- (i) the amount of any compensation due to or received by an assessee from his employer or former employer at or in connection with the....

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Full Text of the Document

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....oes not consist of contributions by the assessee or interest on such contributions or any sum received under a Keyman insurance policy including the sum allocated by way of bonus on such policy. Exp....

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