https://www.taxtmi.com/caselaws?id=12001 The court held that the additional conveyance allowance paid to Development Officers by LIC is exempt under section 10(14) of the Income-tax Act, provided conditions specified by the CBDT are met. The court quashed notices requiring LIC to deduct tax at source on the allowance, setting aside the assessment order. The Department was directed not to insist on tax deduction, and the assessing authority was instructed to pass a new order following the judgment's principles. en-us Wed, 22 Jan 2003 00:00:00 +0530 Sun, 14 Feb 2010 16:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12001 The court held that the additional conveyance allowance paid to Development Officers by LIC is exempt under section 10(14) of the Income-tax Act, provided conditions specified by the CBDT are met. The court quashed notices requiring LIC to deduct tax at source on the allowance, setting aside the assessment order. The Department was directed not to insist on tax deduction, and the assessing authority was instructed to pass a new order following the judgment's principles. Case-Laws Income Tax Wed, 22 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12001