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RU
ITAT Pune Allows Section 10(10B) Exemption for BSNL VRS Compensation
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taxguruin
AdvertisementPrathibha Jagadish Unawane Vs ITO (ITAT Pune) The Pune Bench of the Income Tax Appellate Tribunal (ITAT) heard a batch of appeals relating to Assessment Years 2020-21 and 2021-22 arising from separate orders passed by the Additional/Joint Commissioner of Income Tax (Appeals) under Section 250 of the Income Tax Act, 1961.
Since the appeals involved a common issue, they were disposed of through a consolidated order.
The common issue was whether the compensation received by the assessees from Bharat Sanchar Nigam Limited (BSNL) under the BSNL Voluntary Retirement Scheme (VRS), 2019, pursuant to t...