ITAT Grants Full Section 10(10B) Exemption on BSNL VRS Compensation to Former Employee Despite Delayed Claim:

ITAT condones a 1,556-day delay and directs the AO to grant full Section 10(10B) tax exemption on BSNL VRS-2019 compensation for AY 2020-21 and 2021-22.
No Loss of VRS Tax Benefit for Late Claim: ITAT

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ITAT Grants Full Section 10(10B) Exemption on BSNL VRS Compensation to Former Employee Despite Delayed Claim
ITAT condones a 1,556-day delay and directs the AO to grant full Section 10(10B) tax exemption on BSNL VRS-2019 compensation for AY 2020-21 and 2021-22.
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Saloni Kumari
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Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
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