AdvertisementGeetha. S Vs ITO (ITAT Chennai) Chennai ITAT Allows BSNL Employee’s Ex-Gratia Exemption Despite No Revised Return, Citing CBDT Circular Against Taking Advantage of Taxpayer’s Ignorance The Chennai ITAT held that a BSNL employee was entitled to exemption under sections 10(10B) and 10(10C) in respect of ex-gratia received under the retrenchment scheme, even though the claim had not been made through a revised return. The Tribunal observed that the assessee had initially claimed incorrect exemptions due to ignorance of the applicable provisions, while the legal position had already be...