This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
ITAT Allows Exemption for BSNL VRS Compensation and Leave Encashment
Case Law Details
- Case Name
- Thimmappa Gowda Anthibettu Vs ITO (ITAT Bangalore)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2020-21
- Courts
- All ITAT, ITAT Bangalore
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Thimmappa Gowda Anthibettu Vs ITO (ITAT Bangalore)
Bangalore ITAT Grants BSNL VRS Employees Exemption for Retrenchment Compensation and Full Leave Encashment
In a batch of appeals filed by former BSNL employees who retired under the BSNL Voluntary Retirement Scheme, 2019, the Bangalore ITAT held that the compensation received under the scheme is eligible for exemption under Section 10(10B) as retrenchment compensation. The Tribunal noted that although the employees had originally offered the compensation to tax and the NFAC had dismissed several appeals on grounds of limitatio...
Author Info
