https://www.taxtmi.com/caselaws?id=15592 Deduction of 40% of incentive bonus was held to be unavailable under section 10(14) because the issue was already covered against the assessee by an earlier court decision. Additional conveyance allowance was allowed only to the extent of Rs. 30,000 under the circular relied upon, and the claim beyond that limit was rejected as inconsistent with the statutory conditions in section 10(14). The governing principle is that allowance under section 10(14) depends on the prescribed statutory limits and conditions, and a claim cannot be allowed beyond the permissible extent merely on assertion of expenditure. en-us Tue, 22 Dec 1998 00:00:00 +0530 Wed, 26 Aug 2009 12:12:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15592 Deduction of 40% of incentive bonus was held to be unavailable under section 10(14) because the issue was already covered against the assessee by an earlier court decision. Additional conveyance allowance was allowed only to the extent of Rs. 30,000 under the circular relied upon, and the claim beyond that limit was rejected as inconsistent with the statutory conditions in section 10(14). The governing principle is that allowance under section 10(14) depends on the prescribed statutory limits and conditions, and a claim cannot be allowed beyond the permissible extent merely on assertion of expenditure. Case-Laws Income Tax Tue, 22 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15592