https://www.taxtmi.com/caselaws?id=25381 The court ruled in favor of the assessee, holding that the City Compensatory Allowance (CCA) received was not taxable under the Income-tax Act, 1961. The court agreed with the Tribunal's decision that the CCA was a reimbursement for extra expenses and did not constitute income. The court referenced relevant legal provisions and previous judgments to support its conclusion. Consequently, the court answered questions in favor of the assessee, determining that the CCA did not fall within the definition of income and was not subject to tax under the Income-tax Act, 1961. Each party was directed to bear its own costs. en-us Fri, 24 Jul 1987 00:00:00 +0530 Thu, 28 Jan 2010 12:25:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25381 The court ruled in favor of the assessee, holding that the City Compensatory Allowance (CCA) received was not taxable under the Income-tax Act, 1961. The court agreed with the Tribunal's decision that the CCA was a reimbursement for extra expenses and did not constitute income. The court referenced relevant legal provisions and previous judgments to support its conclusion. Consequently, the court answered questions in favor of the assessee, determining that the CCA did not fall within the definition of income and was not subject to tax under the Income-tax Act, 1961. Each party was directed to bear its own costs. Case-Laws Income Tax Fri, 24 Jul 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25381