ITAT condone delay as assessee was illiterate & not claimed VRS exemption in Return

Deepak Budhani Vs ITO (ITAT Chandigarh)

Ld. AR submitted that the assessee did not claim the amount of VRS as exempt in the return of income for the simple reason that the assessee was an illiterate person who did not have any knowledge of the provisions of the Income Tax Act and also did not have any access to expert professional advice and, therefore, it was under these circumstances that the assessee had filed the return of income without claiming the benefit of exemption under section when the assessee came to know that assessments of his erstwhile

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