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1987 (4) TMI 9 - SC - Income TaxAssessee-respondent who is now dead derived income from securities, dividends, directors' fee, commission and trading in stock - salary payable to the assessee, dividend income from two companies, value of perquisites enjoyed by the assessee - held that Perquisites were taxable only if they were convertible into money value - salary not accrues when it is discontinued on basis of oral agreement - deemed dividend is taxable
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