ITAT Allows Tax Exemption on VRS Compensation Under Section 10(10B):

The ITAT held that compensation received under BSNL VRS-2019 is exempt from income tax under Section 10(10B) and directed consequential tax relief.
ITAT Allows Section 10(10B) Relief

Premium
ITAT Allows Tax Exemption on VRS Compensation Under Section 10(10B)
The ITAT held that compensation received under BSNL VRS-2019 is exempt from income tax under Section 10(10B) and directed consequential tax relief.
Also Read
No Separate Section 69C Unexplained Expenditure Addition Allowed After Accepting Section 44AD Income Without Supporting Evidence: ITATITAT Quashes Assessment for Non-Service of Section 143(2) Notice ITAT Deletes Expense Disallowance Based on Mere SuspicionITAT Condones 2,107-Day Delay, Directs CIT(A) to Reconsider Rs 16.54 Lakh Section 80PA Deduction Claim
About Author
Vanshika verma
Content Writer
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Studycafe
Delhi, Delhi, India
2114My Recent Articles
- Rajasthan Police Warns of WhatsApp Account Hacking Scams, Urges People to Beware of Fake QR Codes and OTP Fraud
- Man Carrying Rs 25,000 Reward Arrested in Rs 1.22 Crore GST Evasion Case Involving Fake Firms in Bulandshahr
- Star Paper Mills to Challenge Rs 1.55 Crore GST Demand Order Over Disallowance of Input Tax Credit on Raw Materials Destroyed in Fire
- Delhi CBI Arrests Hospital Doctor and Contractual Nursing Orderly Supervisor for Alleged Rs 1 Lakh Bribery in Tender-Related Case
- ITAT Condones 2,107-Day Delay, Directs CIT(A) to Reconsider Rs 16.54 Lakh Section 80PA Deduction Claim
Up Next
Loading suggestions…








