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2007 (10) TMI 362 - RAJASTHAN HIGH COURTVoluntary Retirement under section 10(10C), 89– Exemption –The amount received by the assessee on voluntary retirement is covered by section 17(3)(i) of the Income Tax Act, 1961. In this case Rajasthan High Court on the basis of the findings of the Tribunal held that assessee is entitled to relief under section 89 as relief under section 89 is entirely different exemption under section 10(10C). The appeal is dismissed. – Decision in favor of assessee – against the revenue
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