1993 (7) TMI 136

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.... disposed of by this common order. 2. The assessee was at the relevant time in the employment of Life Insurance Corpn. of India (LIC) as a Development Officer. During the years under consideration, he received additional conveyance allowance of Rs. 9,336, 11,318, 15,465 and 11,862 in respect of which he had claimed exemption. The assessments for all the four years were completed under s. 143(1)....

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.... 1985 for asst. yr. 1981-82 (ITA No. 496 & 516/Jp/84) and by its order dt. 11th March, 1988 passed under s. 254(2) of the Act, the Tribunal modified its earlier order dt. 31st July, 1985 passed under s. 254(1) cancelling the order of the Tribunal bringing the amount of incentive bonus to tax. After the decision of this M.A. No. 24/Jp/87 the assessee moved applications under s. 154 requesting the I....

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....re was no basis at all for withdrawing the additional conveyance allowance on the basis of the order of the Tribunal. That order of the Tribunal had no doubt decided the issue of incentive bonus against the assessee but the taxability of any incentive bonus does not appear to be involved in any of the assessment years under consideration as the computation sheets prepared by the ITO in the reasses....