9911796707
TMI Blog1978 (1) TMI 29X X X X Extracts X X X X X X X X Extracts X X X X ..... n the facts and circumstances of the case, the foreign pension of Rs. 10,008 accrued abroad in foreign currency and paid to the assessee as stated above is liable to be taxed under the Income-tax Act, 1961 ? " The facts as stated in para. 2 of the statement of the case read thus ; " The assessee is a permanent resident of Madras. He was formerly employed as a teacher under the Malaysian Govern ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y the assessee before the AAC, it was contended that only pension earned in India was liable to be included in the total income under s. 9(2) of the I.T. Act of 1961, and this contention was rejected by the appellate authority which held that the income was taxable under the head " Other sources. " On further appeal before the Tribunal, the Tribunal took the view that the pension which had accru ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... equence of the former. The pension was, therefore, liable to income-tax under the I.T. Act, 1961. Except the contention that there was no accrual and the receipt was outside India, no other contention was raised. In the light of the above, we answer the question in the affirmative, against the assessee. The assessee will pay costs to the revenue. Counsel's fee Rs. 500. - - TaxTMI - ..... X X X X Extracts X X X X X X X X Extracts X X X X
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