Judgment Search Results Home > Cases Phrase: taxation laws amendment act 2006 section 28 amendment of section 124 Court: income tax appellate tribunal itat mumbai Page 19 of about 181 results (0.610 seconds)

Miss Lata Mangeshkar Vs. First Wealth-tax Officer

Court : Income Tax Appellate Tribunal ITAT Mumbai

Reported in : (1990)32ITD68(Mum.)

..... on cash basis. 4(ii) further, these annuity policies are also not covered by the exemption provided under section 2(e)(2) in view of the amended clause (ii) of that section w.e.f. 1-4-1975. assessee's annuity policies will be outside the scope of exemption. exemption is also not ..... when funds become available.6. from the above 'policy', it is clear that the assessee is neither purchaser nor annuitant. she is pure and simple 'assignee'. in black's law dictionary, special deluxe, fifth edition, at pages 108 and 109 'assign', 'assignee' and 'assignor' as also 'assignment of income' have been defined as under: - assign ..... annuitant.dates when annuity on the stipulated date of the first annuitypayable instalment and yearly thereafter.---------------------------------------------------------------------------- name of the nominee (under section 39 of the insurance act, 1938) to whom the balance (if any) of the guaranteed number of annuity instalments are to be paid in the event of the death of .....