https://www.taxtmi.com/caselaws?id=22317 The High Court held that a reward received by an Income-tax Officer from the Central Government was not exempt from income tax under section 10(17B) of the Income-tax Act, 1961. The court found that the reward did not qualify for exemption as there was no evidence to show that its purpose had been approved by the Central Government for public interest, as required by the Act. The court ruled in favor of the Revenue, directing each party to bear their own costs and ordering further action by the Income-tax Appellate Tribunal. en-us Mon, 19 Feb 1990 00:00:00 +0530 Wed, 09 Dec 2009 11:40:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22317 The High Court held that a reward received by an Income-tax Officer from the Central Government was not exempt from income tax under section 10(17B) of the Income-tax Act, 1961. The court found that the reward did not qualify for exemption as there was no evidence to show that its purpose had been approved by the Central Government for public interest, as required by the Act. The court ruled in favor of the Revenue, directing each party to bear their own costs and ordering further action by the Income-tax Appellate Tribunal. Case-Laws Income Tax Mon, 19 Feb 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22317