AdvertisementSubramanian Kathirsen Vs ITO (ITAT Chennai) The Chennai Bench of the Income Tax Appellate Tribunal considered the assessee’s appeal against the order dated 15.01.2025 passed by the Commissioner of Income-tax (Appeals), NFAC, for Assessment Year 2019-20. The dispute concerned the taxability of compensation received by the assessee from Pfizer Healthcare India Pvt. Ltd. under a voluntary separation scheme and the denial of relief under Section 89(1) of the Income-tax Act, 1961. The assessee, an individual, filed the return of income declaring total income of ₹53,34,390. During the releva...