https://www.taxtmi.com/caselaws?id=60588 The Tribunal held that the additional conveyance allowance granted to the assessee was not exempt under section 10(14) of the Income-tax Act, 1961, and was subject to taxation. The Tribunal set aside the AAC's order, reinstated that of the ITO, allowed the department's appeal, and dismissed the assessee's cross-objection. It determined that the allowance, being performance-based, was an incentive for business generation and did not solely cover expenses incurred in the performance of duties. en-us Mon, 16 Jan 1984 00:00:00 +0530 Fri, 07 Jan 2011 11:06:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60588 The Tribunal held that the additional conveyance allowance granted to the assessee was not exempt under section 10(14) of the Income-tax Act, 1961, and was subject to taxation. The Tribunal set aside the AAC's order, reinstated that of the ITO, allowed the department's appeal, and dismissed the assessee's cross-objection. It determined that the allowance, being performance-based, was an incentive for business generation and did not solely cover expenses incurred in the performance of duties. Case-Laws Income Tax Mon, 16 Jan 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60588