https://www.taxtmi.com/caselaws?id=370209 The Tribunal allowed the appeals, setting aside the orders disallowing the exemption claimed under section 10(14) of the Income Tax Act. Relying on the legal presumption that when employers grant allowances for specific purposes, the entire expenditure is presumed to be incurred for that purpose, the Tribunal held in favor of the assessee, emphasizing the importance of this principle in allowing the exemption for fixed conveyance allowance and conveyance expenses. en-us Fri, 09 Nov 2018 00:00:00 +0530 Mon, 12 Nov 2018 14:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370209 The Tribunal allowed the appeals, setting aside the orders disallowing the exemption claimed under section 10(14) of the Income Tax Act. Relying on the legal presumption that when employers grant allowances for specific purposes, the entire expenditure is presumed to be incurred for that purpose, the Tribunal held in favor of the assessee, emphasizing the importance of this principle in allowing the exemption for fixed conveyance allowance and conveyance expenses. Case-Laws Income Tax Fri, 09 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370209