1985 (12) TMI 115 - AT - Income Tax

Summary

The appeal was against the order granting exemption under section 10(10B) of the Income-tax Act, 1961. The assessee claimed compensation under an award as exempt, but the tribunal ruled in favor of the revenue, stating that the assessee, a company secretary, did not qualify as a workman under the Industrial Disputes Act. The appeal was allowed, and the assessment was restored.