https://www.taxtmi.com/caselaws?id=13520 The HC dismissed the Revenue's appeal under section 260A of the Income-tax Act, 1961, upholding the Income-tax Appellate Tribunal's decision in favor of the assessee, a Government enterprise. The Tribunal had reversed the Assessing Officer's treatment of Leave Travel Concession (LTC) as part of salary for TDS purposes, finding the assessee's reimbursement actions bona fide and compliant with section 10(5) of the Act. The HC agreed, noting no fraudulent actions by the assessee and confirming that no question of law arose from the Tribunal's factual assessments and adherence to legal provisions. en-us Tue, 23 Jan 2007 00:00:00 +0530 Wed, 07 Feb 2024 11:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13520 The HC dismissed the Revenue's appeal under section 260A of the Income-tax Act, 1961, upholding the Income-tax Appellate Tribunal's decision in favor of the assessee, a Government enterprise. The Tribunal had reversed the Assessing Officer's treatment of Leave Travel Concession (LTC) as part of salary for TDS purposes, finding the assessee's reimbursement actions bona fide and compliant with section 10(5) of the Act. The HC agreed, noting no fraudulent actions by the assessee and confirming that no question of law arose from the Tribunal's factual assessments and adherence to legal provisions. Case-Laws Income Tax Tue, 23 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13520