Mahesh Anantrai Pattani & Anr. vs Commissioner Of Income Tax
Whether a sum of Rs. 5 lakhs received by an ex-Dewan from the Maharaja of Bhavnagar, after his employment ceased and after he had already been granted a pension for past services, constitutes a taxable profit in lieu of salary under Section 7(1) Explanation 2 of the Income Tax Act 1922 --- Held No, as it was a personal gift made in token of affection and regard, not remuneration for past services.
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