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Section 10(14) of the Income-tax Act, 1961 - Exemption - Special allowance - Whether living allowance paid to foreign employees is exempt under section 10(14) - Held, yes CASE REFERRED TO CIT v. Goslino Mario [2000] 241 ITR 312 (SC) [Para 4] Prem Lata Bansal and Ajay Jha for the Petitioner. JUDGMENT D.K. Jain, J. - At the instance of the Revenue, the Income-tax Appellate Tribunal, Delhi Bench-D, New Delhi (for short the Tribunal) has referred under section 256(1) of the Income-tax Act, 1961, the following question for our opinion : "Whether on the facts and in the circumstances of the case, the ITAT was right in law in holding that the living allowance paid to foreign employees is exempt under section 10(14) of the Act ?" 2. These is no appearance on behalf of the assessee. Accordingly we have heard Ms. Prem Lata Bansal, learned senior standing counsel for the Revenue. 3. As is apparent from the format of the…

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