Receipt of foreign assignment allowance by way of Travel Currency Card abroad not taxable in India

Tadimarri Prasanth Vs ITO (ITAT Hyderabad) Held that an amount of foreign assignment allowance received for the services rendered outside India by way of (Travel Currency Card) TCC abroad is not taxable in India. Facts- The assessees are the employees of IBM India Private Limited, which is an Indian company. The said company sent the assessees on long-term assignments to various countries. During that year, the assessees received a salary which includes the component of the foreign allowance received outside India. The employee transferred the foreign assignment allowance from the bank account...