Revisional power in block assessment upheld, undisclosed search income sustained, freight suppression addition restored, accrued lorry hire liability ...
Reassessment and fee-for-technical-services classification: reopening upheld, but certain reimbursements and mobilization charges fell outside treaty ...
Section 80P deduction for co-operative societies remains available despite nominal members and housing society status, with limited interest income tr...
House Rent Allowance exemption under Section 10(13A) turns on actual expenditure on rent for residential accommodation occupied by the assessee. Where the employer paid rent directly to the landlord but recovered the same amount from the employee's salary, the arrangement was treated as the employee bearing the rent himself, not as rent-free accommodation. The Court held that the mode of payment did not matter; the decisive test was whether rent expenditure was actually incurred. The Tribunal erred in denying the exemption, and the assessee's claim was allowed.
House Rent Allowance exemption under Section 10(13A) turns on actual expenditure on rent for residential accommodation occupied by the assessee. Where the employer paid rent directly to the landlord but recovered the same amount from the employee's salary, the arrangement was treated as the employee bearing the rent himself, not as rent-free accommodation. The Court held that the mode of payment did not matter; the decisive test was whether rent expenditure was actually incurred. The Tribunal erred in denying the exemption, and the assessee's claim was allowed.
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