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2003 (3) TMI 26 - HC - Income TaxExemption under section 10(14) - "Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal was right in law in holding that the living allowance paid to foreign employees is exempt under section 10(14) of the Act?" - The answer to the question referred stands concluded by the decision of the apex court in CIT v. Goslino Mario wherein it has been held that the rupee payment taken in India in the shape of daily allowances for the foreign technician is exempt under section 10(14) - In view of the said authoritative pronouncement, our answer to the question referred is in the affirmative, i.e., in favour of the assessee and against the Revenue
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