TMI BlogInstructions to scrutinise the cases of claims of exemption of unreasonably high amountsX X X X Extracts X X X X X X X X Extracts X X X X ..... Section(s) Referred: 10(14) Statute: Income - Tax Act, 1961 Attention is invited to Board's Instructions on the Finance Act, 1955 wherein Income-tax Officers were instructed to scrutinise the cas ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ances of Rs.50 or more per day. 3. These instructions are being issued in supersession of earlier instructions on the subject and may be brought to the notice of all the officers working in the charg ..... X X X X Extracts X X X X X X X X Extracts X X X X
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