Is the exemption under Section 10(14)(i) of the Income-tax Act, 1961 allowable under the new tax regime?
Allowability of Exemption under Section 10(14)(i) under the New Tax Regime
vaibhav agrawal
Section 10(14)(i) exemption under the new tax regime remains the central question in this income-tax query. Consideration is given to whether the exemption under Section 10(14)(i) of the Income-tax Act, 1961 is available under the new tax regime. The stated issue is confined to the allowability of that exemption within the revised regime and does not record any adjudicatory conclusion. (AI Summary)
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