https://www.taxtmi.com/caselaws?id=60019 The dominant issue was whether the employer was an "assessee in default" under s. 201 for not deducting tax under s. 192 on LTA claimed as exempt under s. 10(5). The Tribunal held that, absent any material showing the LTA claim was false, the employer was entitled to rely on employees' declarations in prescribed forms; neither the Act nor the Rules required collecting travel tickets, and consistent past acceptance by the Revenue supported the employer's bona fide conduct. The contrary precedent involving unverified fixed allowances was distinguished. Consequently, the employer was not liable under s. 201, and interest under s. 201(1A) was not leviable; the appeal was allowed. en-us Thu, 25 Jul 2002 00:00:00 +0530 Wed, 07 Jan 2026 18:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60019 The dominant issue was whether the employer was an "assessee in default" under s. 201 for not deducting tax under s. 192 on LTA claimed as exempt under s. 10(5). The Tribunal held that, absent any material showing the LTA claim was false, the employer was entitled to rely on employees' declarations in prescribed forms; neither the Act nor the Rules required collecting travel tickets, and consistent past acceptance by the Revenue supported the employer's bona fide conduct. The contrary precedent involving unverified fixed allowances was distinguished. Consequently, the employer was not liable under s. 201, and interest under s. 201(1A) was not leviable; the appeal was allowed. Case-Laws Income Tax Thu, 25 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60019