TMI Blog2010 (7) TMI 754X X X X Extracts X X X X X X X X Extracts X X X X ..... ived under the Voluntary Retirement Scheme. The 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 assessee, view taken by the Tribunal has been upheld and appeal filed by the revenu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mpensation or not ? Sri S. Chopra, learned Standing Counsel submitted that the issue in the present appeal is covered by the Division Bench decision of this Court in the case of Commissioner of Income Tax vs. Harendra Nath Tripathi, reported in 2009 (14) MTC 418 (All. L.B.) wherein it has been held that there is no prohibition to the twin benefits in respect of the amount received under the Volunt ..... X X X X Extracts X X X X X X X X Extracts X X X X
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