ITAT was justified in law, in
allowing the entire claim of keyman insurance
premium expense for A.Y. 2005-06 by ignoring
the fact that ... account of disallowance of premium paid on
keyman insurance taken on life of partners as the expenditure related to
the period beyond
bearing case no. 03/09 on the fardbeyan of one Jhalwa, the
keyman of Hazaribagh Railway station, who found the dead body of the
deceased ... statement of Jhawla, the Keyman, have been marked as
Ext. A-2.
It is urged by the learned counsel that the learned tribunal has
disbelieved
understanding as also derived by rendering of
any service received under a Keyman insurance policy are all
part of section 28 . The income referred
APPLICANT:-:
-------------------------
SOBHANA V
AGED 52 YEARS, D/O.LATE GOPALAN NAMBIAR,
(EX-KEYMAN, SOUTHERN RAILWAY),
PALAKKAD DIVISION, RESIDING AT A.P.HOUSE,
P.O.THAVAM
assessee or interest on such
contributions or any sum received under a Keyman insurance policy including
the sum allocated by way of bonus on such ... policy.
Explanation.—For the purposes of this sub-clause, the expression "Keyman
insurance policy" shall have the meaning assigned to it in clause
other energy, boarding and lodging;
(vi) any sum received under a Keyman insurance policy including the sum allocated by way of bonus on such policy ... Explanation.For the purposes of this clause, the expression "Keyman insurance policy" shall have the meaning assigned to it in clause
7Gateman
7Traffic Porters
B. Civil Engineering Department:
1. Gateman
2. Trolleyman
3. Keyman
C. Signal & Telecommunication Department:
1. Khalasi/Khalasi Helper re-designated
understanding as also derived by rendering of
any service received under a Keyman insurance policy are all
part of section 28 . The income referred
understanding as also derived by rendering of
any service received under a Keyman insurance policy are all
part of section 28 . The income referred
understanding as also derived by rendering of
any service received under a Keyman insurance policy are all
part of section 28 . The income referred
