TMI BlogSection 10(5) of the Income-tax Act, 1961--Meaning of ``Home District''--Clarification regardingX X X X Extracts X X X X X X X X Extracts X X X X ..... tion regarding Section 10(5) of the Income-tax Act, 1961, provides that in the case of an individual being a citizen of India, travel concession or assistance received by or due to an individual from the employer for himself, his spouse and children in connection with his proceeding on leave or on retirement or on termination of service to his ``Home District'' is exempt from income-tax, subject ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... idential property in the place or is a member of the joint family having such a property there ; or (iii) his near relations are resident in that place ; or (iv) prior to his entry into service, he had been living there for some years. 3. If any one of the above conditions is satisfied, the assessee may be allowed to claim a particular place as his ``Home District''. Once an assessee has ex ..... X X X X Extracts X X X X X X X X Extracts X X X X
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