https://www.taxtmi.com/caselaws?id=285546 The Tribunal set aside the order denying exemption under section 10(5) for reimbursement of Leave Travel Concession involving a foreign leg, remanding the issue for re-adjudication. The bank was not treated as "assessee in default" for alleged non-deduction of TDS on LTC reimbursement. The direction to produce Form No. 26A for LTC claim inclusion was contested, emphasizing compliance with statutory requirements. The confirmation of interest levy under section 201(1A) was challenged, leading to a remand for further assessment and compliance with legal provisions. The appeal was allowed for statistical purposes, ensuring due process and consideration of legal principles. en-us Tue, 09 Jul 2019 00:00:00 +0530 Sat, 24 Sep 2022 14:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285546 The Tribunal set aside the order denying exemption under section 10(5) for reimbursement of Leave Travel Concession involving a foreign leg, remanding the issue for re-adjudication. The bank was not treated as "assessee in default" for alleged non-deduction of TDS on LTC reimbursement. The direction to produce Form No. 26A for LTC claim inclusion was contested, emphasizing compliance with statutory requirements. The confirmation of interest levy under section 201(1A) was challenged, leading to a remand for further assessment and compliance with legal provisions. The appeal was allowed for statistical purposes, ensuring due process and consideration of legal principles. Case-Laws Income Tax Tue, 09 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285546