https://www.taxtmi.com/caselaws?id=55554 The tribunal ruled in favor of the assessee, holding that reimbursements under the Conveyance Maintenance Reimbursement Expenditure Scheme were not subject to tax deduction. The interest charged under section 201(1) was deemed unjustified, and the amount in question was exempt under section 10(14) of the Income Tax Act. The appeal was allowed, and the tax charged was canceled, aligning with previous tribunal decisions on similar matters. en-us Tue, 23 Sep 1997 00:00:00 +0530 Sat, 27 Nov 2010 16:46:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55554 The tribunal ruled in favor of the assessee, holding that reimbursements under the Conveyance Maintenance Reimbursement Expenditure Scheme were not subject to tax deduction. The interest charged under section 201(1) was deemed unjustified, and the amount in question was exempt under section 10(14) of the Income Tax Act. The appeal was allowed, and the tax charged was canceled, aligning with previous tribunal decisions on similar matters. Case-Laws Income Tax Tue, 23 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55554