https://www.taxtmi.com/caselaws?id=69529 The Tribunal allowed 80% of the additional conveyance allowance as a deduction under section 10(14) for each year, considering it directly related to the duties performed by the Development Officer. Regarding the taxability of the incentive bonus, the Tribunal allowed a deduction of 40% in each year, taxing the remaining 60%, emphasizing the link to securing new business and additional expenses incurred. The Tribunal dismissed the Revenue's cross-objections, partially allowing both the Revenue's and the assessee's appeals. The judgment clarified the eligibility of the conveyance allowance and the tax treatment of the incentive bonus based on the Income Tax Act and relevant case law. en-us Thu, 22 Dec 1988 00:00:00 +0530 Thu, 07 Apr 2011 14:47:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69529 The Tribunal allowed 80% of the additional conveyance allowance as a deduction under section 10(14) for each year, considering it directly related to the duties performed by the Development Officer. Regarding the taxability of the incentive bonus, the Tribunal allowed a deduction of 40% in each year, taxing the remaining 60%, emphasizing the link to securing new business and additional expenses incurred. The Tribunal dismissed the Revenue's cross-objections, partially allowing both the Revenue's and the assessee's appeals. The judgment clarified the eligibility of the conveyance allowance and the tax treatment of the incentive bonus based on the Income Tax Act and relevant case law. Case-Laws Income Tax Thu, 22 Dec 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69529