https://www.taxtmi.com/caselaws?id=16578 The court ruled against the taxpayer, holding that without the required notification under section 10(14)(i) of the Income-tax Act, 1961, the additional conveyance allowance and 40% of the incentive bonus cannot be exempted from taxation. The court agreed with the Department's argument that these allowances should be treated as part of the salary and are taxable accordingly. The Tribunal's decision to allow these deductions was deemed incorrect, and the court ruled in favor of the Department, denying the exemptions sought by the taxpayer. en-us Tue, 22 Jul 1997 00:00:00 +0530 Tue, 08 Sep 2009 15:59:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16578 The court ruled against the taxpayer, holding that without the required notification under section 10(14)(i) of the Income-tax Act, 1961, the additional conveyance allowance and 40% of the incentive bonus cannot be exempted from taxation. The court agreed with the Department's argument that these allowances should be treated as part of the salary and are taxable accordingly. The Tribunal's decision to allow these deductions was deemed incorrect, and the court ruled in favor of the Department, denying the exemptions sought by the taxpayer. Case-Laws Income Tax Tue, 22 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16578