High Court directs Tribunal to refer questions on conveyance allowance exemption & incentive bonus deduction for L.I.C employee

The High Court of Andhra Pradesh directed the Income-tax Appellate Tribunal to refer two questions of law regarding conveyance allowance exemption and deduction on incentive bonus for a salaried employee of L.I.C. The case was allowed with no costs.

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The High Court of Andhra Pradesh directed the Income-tax Appellate Tribunal to refer two questions of law regarding conveyance allowance exemption and deduction on incentive bonus for a salaried employee of L.I.C. The case was allowed with no costs. (Citation: 1990 (11) TMI 58 - ANDHRA PRADESH High Court)

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