https://www.taxtmi.com/caselaws?id=439754 The Tribunal ruled that the foreign assignment allowance received by non-resident employees for services outside India was not taxable in India under section 5(2) of the Act. Despite being on the payroll of an Indian company, the Tribunal found that the point of receipt was outside India as the allowance was transferred from Indian bank accounts to foreign accounts. The Tribunal rejected the Revenue's arguments on the situs of employment and payment location, allowing all appeals and deeming the foreign assignment allowance exempt from taxation in India. en-us Wed, 28 Jun 2023 00:00:00 +0530 Fri, 30 Jun 2023 15:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439754 The Tribunal ruled that the foreign assignment allowance received by non-resident employees for services outside India was not taxable in India under section 5(2) of the Act. Despite being on the payroll of an Indian company, the Tribunal found that the point of receipt was outside India as the allowance was transferred from Indian bank accounts to foreign accounts. The Tribunal rejected the Revenue's arguments on the situs of employment and payment location, allowing all appeals and deeming the foreign assignment allowance exempt from taxation in India. Case-Laws Income Tax Wed, 28 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439754