https://www.taxtmi.com/caselaws?id=21907 The High Court remitted a case back to the Tribunal for reconsideration regarding the treatment of an incentive bonus received by an officer of the Life Insurance Corporation of India. The Court emphasized the need to determine whether the bonus formed part of the salary or was earned from business activities, directing the Tribunal to reassess the nature of the income and decide on the allowance of expenses accordingly. en-us Fri, 21 Feb 1992 00:00:00 +0530 Fri, 04 Dec 2009 11:17:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21907 The High Court remitted a case back to the Tribunal for reconsideration regarding the treatment of an incentive bonus received by an officer of the Life Insurance Corporation of India. The Court emphasized the need to determine whether the bonus formed part of the salary or was earned from business activities, directing the Tribunal to reassess the nature of the income and decide on the allowance of expenses accordingly. Case-Laws Income Tax Fri, 21 Feb 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21907