S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS CIVIL APPEAL NO(s). 993 OF 2005 COMMISSIONER OF INCOME TAX & ANR. Appellant (s) VERSUS M/S. LARSEN & TOUBRO LTD. Respondent(s) (With office report ) WITH Civil Appeal NO. 992 of 2005 – With office report Date: 21/01/2009 This Appeal was called on for hearing today.
CORAM :
HON'BLE MR. JUSTICE S.H. KAPADIA HON'BLE MR. JUSTICE AFTAB ALAM For Appellant(s) Mr. K. Radhakrishnan, Sr.Adv.
Mr. Arijit Prasad, Adv. Mr. Aman Ahluwalia, Adv. Mr. Rahul Kaushik, Adv.
Mr. B.V. Balaram Das,Adv.
For Respondent(s) Mr. P.J. Pardiwalla, Sr.Adv. Mr. Rustom B.Hathikhanawala, Adv.
Mr. K.T. Anantharaman, Adv. Mr. Vasudevan Raghavan,Adv.
UPON hearing counsel the Court made the following O R D E R The appeals are dismissed with no order as to costs.
(S. Thapar) PS to Registrar (Madhu Saxena) Court Master CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO.993 OF 2005 COMMISSIONER OF INCOME TAX & ANR. ...APPELLANT (S) VERSUS M/S LARSEN & TOUBRO LTD. ...RESPONDENT(S) WITH CIVIL APPEAL NO. 992 OF 2005 O R D E R A short question which arises for determination in these Civil Appeal(s) is – whether the assessee(s) was under statutory obligation under Income Tax Act, 1961, and/or the Rules to collect evidence to show that its employee(s) had actually utilized the amount(s) paid towards Leave Travel Concession(s)/Conveyance Allowance?
It may be noted that the beneficiary of exemption under Section 10(5) is an individual employee. There is no circular of Central Board of Direct Taxes (CBDT) requiring the employer under Section 192 to collect and examine the supporting evidence to the Declaration to be submitted by an employee(s).
For the above reasons there is no merit in the Civil Appeals and the same are dismissed with no order as to costs.
. J.
[ S.H. KAPADIA ] New Delhi, J January 21, 2009 [ AFTAB ALAM ]