https://www.taxtmi.com/caselaws?id=365258 The Tribunal upheld the CIT(A)'s decision to delete the addition of foreign assignment allowance received outside India from the assessee's total income under section 5(2) of the Income Tax Act, 1961. The Tribunal found that the foreign allowance was received and utilized outside India for services rendered abroad, aligning with legal precedents and confirming the non-taxability of such income in India. Consequently, the Revenue's appeal was dismissed, affirming the exemption of the foreign assignment allowance from taxation in India. en-us Wed, 11 Jul 2018 00:00:00 +0530 Mon, 13 Aug 2018 15:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365258 The Tribunal upheld the CIT(A)'s decision to delete the addition of foreign assignment allowance received outside India from the assessee's total income under section 5(2) of the Income Tax Act, 1961. The Tribunal found that the foreign allowance was received and utilized outside India for services rendered abroad, aligning with legal precedents and confirming the non-taxability of such income in India. Consequently, the Revenue's appeal was dismissed, affirming the exemption of the foreign assignment allowance from taxation in India. Case-Laws Income Tax Wed, 11 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365258