TDS u/s 192 - Exemption u/s 10(5) - benefit of leave travel ...

No TDS Exemption for Overseas Travel in LTC Claims u/ss 192 and 10(5), Appellant Deemed Assessee in Default.

January 14, 2022

Case Laws Income Tax HC

TDS u/s 192 - Exemption u/s 10(5) - benefit of leave travel concession (LTC) - no claim of exemption could be made, out of the total ticket package spent on overseas travel with part of the journey being within India by the employee. - The bonafide belief pleaded by the appellant assessee is without any legal basis. Considering these aspects, the authorities have rightly held that the assessee as an ‘assessee in default’ - HC

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TDS u/s 192 - Exemption u/s 10(5) - benefit of leave travel ...

No TDS Exemption for Overseas Travel in LTC Claims u/ss 192 and 10(5), Appellant Deemed Assessee in Default.

January 14, 2022

Case Laws Income Tax HC

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