https://www.taxtmi.com/caselaws?id=16269 Incentive bonus and additional conveyance allowance under section 10(14) of the Income-tax Act, 1961 were not accepted without proof that the amounts were actually incurred wholly, necessarily and exclusively for the relevant duties. The court relied on earlier binding precedent for the incentive bonus claim and held that it could not be sustained on the basis pressed by the assessee. For the conveyance allowance, the restriction made by the tax authorities on the basis of the certificate produced was held to be correct. Both questions were answered in the negative, in favour of the Revenue. en-us Tue, 22 Dec 1998 00:00:00 +0530 Fri, 04 Sep 2009 18:07:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16269 Incentive bonus and additional conveyance allowance under section 10(14) of the Income-tax Act, 1961 were not accepted without proof that the amounts were actually incurred wholly, necessarily and exclusively for the relevant duties. The court relied on earlier binding precedent for the incentive bonus claim and held that it could not be sustained on the basis pressed by the assessee. For the conveyance allowance, the restriction made by the tax authorities on the basis of the certificate produced was held to be correct. Both questions were answered in the negative, in favour of the Revenue. Case-Laws Income Tax Tue, 22 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16269