https://www.taxtmi.com/caselaws?id=10939 The court upheld the classification of the incentive bonus received by the development officer as "Salary" instead of business income, following a previous ruling. The court emphasized that the officers are whole-time employees primarily engaged in promoting life insurance business. The appellant's argument regarding a new scheme and circulars was rejected. The court affirmed that the income should be assessed as salary without presenting any new legal question. The appeal was admitted for consideration on whether interest could be levied under sections 234B and 234C without explicit directions in the assessment order. en-us Tue, 27 Jul 2004 00:00:00 +0530 Tue, 28 Jul 2009 08:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10939 The court upheld the classification of the incentive bonus received by the development officer as "Salary" instead of business income, following a previous ruling. The court emphasized that the officers are whole-time employees primarily engaged in promoting life insurance business. The appellant's argument regarding a new scheme and circulars was rejected. The court affirmed that the income should be assessed as salary without presenting any new legal question. The appeal was admitted for consideration on whether interest could be levied under sections 234B and 234C without explicit directions in the assessment order. Case-Laws Income Tax Tue, 27 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10939