https://www.taxtmi.com/caselaws?id=796388 Leave fare concession reimbursements involving foreign travel, made while binding interim judicial directions restrained tax recovery from employees, are examined in relation to employer TDS obligations. Although such foreign travel was subsequently treated as outside the Section 10(5) exemption, the employer's Section 192 obligation depends on a bona fide estimate of taxable income when payment is made. Subsequent reversal or vacation of interim protection does not retrospectively create default for payments made in compliance with those directions. The first proviso to Section 201(1) also protects cases where employees account for the income and pay the tax. en-us Tue, 30 Jun 2026 00:00:00 +0530 Wed, 05 Aug 2026 08:48:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796388 Leave fare concession reimbursements involving foreign travel, made while binding interim judicial directions restrained tax recovery from employees, are examined in relation to employer TDS obligations. Although such foreign travel was subsequently treated as outside the Section 10(5) exemption, the employer's Section 192 obligation depends on a bona fide estimate of taxable income when payment is made. Subsequent reversal or vacation of interim protection does not retrospectively create default for payments made in compliance with those directions. The first proviso to Section 201(1) also protects cases where employees account for the income and pay the tax. Case-Laws Income Tax Tue, 30 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796388