https://www.taxtmi.com/caselaws?id=62976 The dispute in this case centered on the treatment of City Compensatory Allowance as income for assessment years 1973-74 and 1974-75. The assessee claimed exemption under section 10(14) of the Income-tax Act, while the Income Tax Officer (ITO) considered it part of the salary. The Appellate Assistant Commissioner (AAC) initially ruled in favor of the assessee, but the Tribunal members disagreed. The third member concluded that the allowance was not deductible under section 16(v) and overturned the AAC's decision. The case was referred back for final disposal, determining the allowance was not exempt and the AAC's decision was incorrect. en-us Thu, 17 Sep 1981 00:00:00 +0530 Thu, 27 Jan 2011 09:56:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62976 The dispute in this case centered on the treatment of City Compensatory Allowance as income for assessment years 1973-74 and 1974-75. The assessee claimed exemption under section 10(14) of the Income-tax Act, while the Income Tax Officer (ITO) considered it part of the salary. The Appellate Assistant Commissioner (AAC) initially ruled in favor of the assessee, but the Tribunal members disagreed. The third member concluded that the allowance was not deductible under section 16(v) and overturned the AAC's decision. The case was referred back for final disposal, determining the allowance was not exempt and the AAC's decision was incorrect. Case-Laws Income Tax Thu, 17 Sep 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62976