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2010 (10) TMI 95 - HC - Income TaxCompensation under the Voluntary Retirement Scheme - simultaneous benefits under Section 10 (10 C) as well as Section 89 (1) of the Income Tax Act in respect of Compensation under the Voluntary Retirement Scheme - Herld that: - there is no prohibition to the twin benefits in respect of the amount received under the voluntary retirement scheme - relief contemplated under Section 89 of the Act is aimed to mitigate the hardship that may be caused on account of the high incidence of tax due to progressive increase in tax rates and thus held that the benefits under Section 10(10-C) and 89 could be granted to the assesses - Appeal is dismissed
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