https://www.taxtmi.com/caselaws?id=117957 The Appellate Tribunal ruled in favor of the assessee in three appeals regarding the taxability of conveyance allowance paid to employees. It held that the employer is not automatically obligated to deduct tax at source on conveyance allowance unless it is deemed excessive or a disguised salary payment. The Tribunal emphasized the importance of making a fair estimate of the employee's income for tax deduction purposes. As the demands raised under section 201 read with section 192 were deemed unsustainable without evidence of conveyance allowance being a salary payment, the Tribunal directed the Assessing Officer to delete the demands. en-us Mon, 30 Aug 2004 00:00:00 +0530 Wed, 27 Jun 2012 15:50:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117957 The Appellate Tribunal ruled in favor of the assessee in three appeals regarding the taxability of conveyance allowance paid to employees. It held that the employer is not automatically obligated to deduct tax at source on conveyance allowance unless it is deemed excessive or a disguised salary payment. The Tribunal emphasized the importance of making a fair estimate of the employee's income for tax deduction purposes. As the demands raised under section 201 read with section 192 were deemed unsustainable without evidence of conveyance allowance being a salary payment, the Tribunal directed the Assessing Officer to delete the demands. Case-Laws Income Tax Mon, 30 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117957