https://www.taxtmi.com/caselaws?id=257716 The Court held that the individual's gross total income should not include the amount withdrawn by the employer as hypothetical tax for the USA, as it was for tax equalization purposes. The Tribunal's decision to calculate the salary after deducting the hypothetical tax was upheld by the High Court, which found no error in the computation. The Court dismissed the appeal, stating that no substantial question of law arose. The case clarifies the taxability of gross income and the application of the grossing up concept in the context of Indian taxes borne by the employer. en-us Tue, 03 Mar 2015 00:00:00 +0530 Wed, 12 Aug 2015 18:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257716 The Court held that the individual's gross total income should not include the amount withdrawn by the employer as hypothetical tax for the USA, as it was for tax equalization purposes. The Tribunal's decision to calculate the salary after deducting the hypothetical tax was upheld by the High Court, which found no error in the computation. The Court dismissed the appeal, stating that no substantial question of law arose. The case clarifies the taxability of gross income and the application of the grossing up concept in the context of Indian taxes borne by the employer. Case-Laws Income Tax Tue, 03 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257716