1994 (9) TMI 61 - HC - Income Tax

Summary

The High Court of Kerala granted exemption to respondents for allowance received at Rs. 150 per day under section 10(14) of the Income-tax Act, 1961. The Tribunal affirmed that the amount was reimbursement of expenses and exempt under section 10(14). The court dismissed the petitions as there was no question of law. (Case: 1994 (9) TMI 61 - Kerala High Court)