TMI BlogAmount received after cessation of employment with the employer company - profits in lieu of salary -...Amount received after cessation of employment with the employer company - profits in lieu of salary - when the employer itself stated that the payment has been made voluntarily by them out of appreciation for the employee thus falls outside the rigours of section 17(3)(iii) of the Act. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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