Employee VRS Scheme amount entitled to simultaneous Section 10(10C)(viii) deduction & Section 89(1) relief

V. Gopalan Vs CCIT (Kerala High Court)

The appellant admittedly took voluntary retirement in the year 2001. He had also claimed deduction under Section 10 (10C) (viii) and relief under Section 89 (1) of the Income Tax Act while filing his return of income for the relevant assessment year. The claim came to be rejected on the basis of the instructions/letter issued by the Central Board of Direct Taxes on 23-04-2001. It is not disputed before us that the said instructions/letter of the Central Board of Direct Taxes has been quashed by thi

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