https://www.taxtmi.com/caselaws?id=456629 The ITAT Hyderabad held that foreign assignment allowance received by a non-resident assessee for services rendered outside India through Travel Cash Card (TCC) abroad is not taxable in India. The tribunal rejected the Revenue's argument regarding double non-taxation, stating that whether the allowance was taxed in the host country is irrelevant for determining Indian tax liability. The decision relied on precedents from Bombay HC, Karnataka HC, and Calcutta HC, and followed a similar ruling in Bodhisattva Chattopadhyay case. The assessee's appeal was allowed. en-us Wed, 16 Aug 2023 00:00:00 +0530 Tue, 06 Aug 2024 20:13:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456629 The ITAT Hyderabad held that foreign assignment allowance received by a non-resident assessee for services rendered outside India through Travel Cash Card (TCC) abroad is not taxable in India. The tribunal rejected the Revenue's argument regarding double non-taxation, stating that whether the allowance was taxed in the host country is irrelevant for determining Indian tax liability. The decision relied on precedents from Bombay HC, Karnataka HC, and Calcutta HC, and followed a similar ruling in Bodhisattva Chattopadhyay case. The assessee's appeal was allowed. Case-Laws Income Tax Wed, 16 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456629