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2006 (11) TMI 621 - DELHI HIGH COURTExemption u/s10(13)(ii) - Income received as pension from LIC - HELD THAT:- Since in the present case there is no authority to tax the annuities received by the petitioner, we consider it appropriate to exercise our extraordinary powers to correct the injustice. We are of the view that, in the facts of the present case, there is no justification for the amounts received by the petitioner from the super annuation fund for the assessment years 1990-91, 1991-92 and 1993-94 to be brought to tax in view of the specific exclusion of such sum from the total income in terms of section 10(13)( ii) of the Act. Thus, prayer (d) is allowed and the petition stands disposed of accordingly.
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