Section 10 in The Income Tax Act, 1961
10. Incomes not included in total income
Section 5 (w.r.e.f. 1.4.1983).] (ia) [ any accretion to the shares, forming part of the corpus mentioned in clause
deemed to be received in the previous year:- (i) the annual accretion in the previous year to the balance at the credit of an employee
Section 7 (w.r.e.f. 1.4.1978).] (vi) the annual accretion to the balance at the credit of an employee participating in a recognised provident
asset held by a trust or an institution in respect of which accreted income has been computed and the tax has been paid thereon ... asset which has been taken into account for computation of accreted income as on the specified date referred to in sub-section (2) of section
flat purchaser only on the eventual conveyance of the flat;
(v) the accretion to the goods happens in the hands of the
promoter/developer ... parties while
in a works contract, property in goods get transferred through accretion.
Few illustrations have been referred to by him and it is submitted
made in them shall not exceed five per cent. of the fresh accretions in the year: Provided also that the investment stated in sub-clause ... Funds shall not be more than five per cent. of the fresh accretions invested in the year and the portfolio invested in them shall
hands of the assessee would not mean that there was accretion to the wealth of the assessee. Unless and until the department is able ... bring home the fact that there was accretion to the wealth of the assessee, there cannot be any question of adverse inference being raised against
respect of certain temporarily settled estates held by the defendant respondent as accretions to his taluk known as Palasuti Digar.
2. The Taluk was carved ... Government resumed there Chars under Regulation II of 1819 as accretions to the taluk and subsequently formed them into separate khas Mahals or estates with
former suit, laid claim to the land in dispute as being an accretion to an estate of theirs called Mouzah Rughoorampore. In that suit they ... brought a second suit for the same land, describing it as an accretion to another estate called Mouzah Lukhichur, and the Court (Sir R. Couch