COMMISSIONER OF INCOME TAX,BANGALORE vs M/S. I.T.I. LTD.

The Supreme Court dismissed the appeal concerning the statutory obligation of an employer under the Income Tax Act, 1961, specifically addressing whether the employer must collect evidence regarding the utilization of Leave Travel Concession and Conveyance Allowance by employees. The Court clarified that there is no requirement under Section 192 or any CBDT circular mandating employers to verify such claims, leading to the conclusion that the appeal lacked merit. Consequently, the appeal was dismissed with no order as to costs.