787/CBDT.

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....on the above point. The decision of the Bombay Bench of the Tribunal was taken up by way of a reference under section 256(1) to the High Court. This reference to the High Court has now been answered against the Department and in favour of the assessee. The Bombay High Court has held that the city Compensatory Allowance was exempt under section 10(14) of the Income-tax Act. 2. On receipt of the ju....

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....rdingly. They will file appeals/references against all adverse orders irrespective of the tax effect in each case. In so far as the Bombay City and Vidarbha and Marathwada Charges are concerned, which are under the jurisdiction of the Bombay High Court, request should be made to the AACs and IT Appellate Tribunal for keeping in abeyance appeals pending before them involving the same issue till the....