Exemption u/s 10(5) denied - reimbursement of Leave Travel ...
Case Laws Income Tax
August 1, 2023
Exemption u/s 10(5) denied - reimbursement of Leave Travel concession - The appellant cannot claim ignorance about the travel plans of its employees as during settlement of LTC Bills the complete facts are available before the assessee about the details of their employees” travels. Therefore, it cannot be a case of bonafide mistake - AT
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