1978 (8) TMI 55 - HC - Income Tax

Summary

The High Court of Allahabad held that the city compensatory allowance received by the assessee was not exempt from tax under section 10(14) of the Income-tax Act. The Explanation added by the Finance Act of 1975 clarified that such allowances granted to meet personal expenses at the place of duty are not deductible. The court ruled in favor of the department and against the assessee.