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2003 (4) TMI 11 - KERALA HIGH COURTTDS - Petitions are filed by the associations representing the LIC Development Officers challenging the periodical circulars issued by the Executive Director (Marketing) of the LIC of India providing guidelines for deduction of income-tax at source on "additional conveyance allowance" paid to them - petitioners' contention is that additional conveyance allowance paid to them qualifies for exemption under section 10(14) - Held that it is for the Income-tax Department to scrutinise the correctness of TDS made either while considering the LIC's TDS returns or while assessing the income of the LIC development officers. - Exemption on additional conveyance allowance has to be considered with reference to the proved facts of each assessee (LIC development officer) and therefore the issue cannot be decided by this court
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