High Court directs Tribunal on salaried employee's bonus deduction query

The High Court of Allahabad directed the Income-tax Appellate Tribunal to refer a question regarding the entitlement of a salaried employee to deduction on incentive bonus under section 10(14) of the Income-tax Act, 1961. The Tribunal was instructed to draw up a statement of the case for the court's opinion.

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The High Court of Allahabad directed the Income-tax Appellate Tribunal to refer a question regarding the entitlement of a salaried employee to deduction on incentive bonus under section 10(14) of the Income-tax Act, 1961. The Tribunal was instructed to draw up a statement of the case for the court's opinion.

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