Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights January 2012 Year 2012 This

Voluntary Retirement Scheme (VRS) u/s 35DDA - merely because ...

Income Tax

January 4, 2012

Voluntary Retirement Scheme (VRS) u/s 35DDA - merely because payment of more than Rs. 5 lakhs is made would not mean that the schemes are not in conformity with Rule 2BA and the provisions of Section 10(10A) of the Act.... - HC

View Source

 


 

You may also like:

  1. Payment on account of Voluntary Retirement Scheme (VRS) - It is seen that section 35DDA has been inserted by the Finance Act, 2001 providing for amortization of...

  2. Section 35DDA of the Act did not preclude the assessing authority to consider the VRS payment as revenue expenditure. - HC

  3. Disallowance of expenditure incurred under Voluntary Retirement Scheme (VRS) - AO has not examined the details as per the directions of the DRP and has made disallowance...

  4. Applicability of Section 35DDA - VRS - It may be a different thing that the government persuaded or pressurized all the employees to accept the scheme giving threat of...

  5. Assessee is eligible to claim simultaneous benefit under section 10(10C) as well as section 89(1) in respect of the compensation received under the voluntary retirement scheme - AT

  6. Cenvat credit - insurance of workers retiring under voluntary retirement scheme and insurance of export goods and insurance abroad for the sale in case - AT

  7. Relief u/s 89(1) for the amount received in excess of the amount eligible for exemption u/s 10(10C) - voluntary retirement scheme (VRS) - assessee are clearly entitled...

  8. Amortisation of expenditure incurred under voluntary retirement scheme - Question framed by this Court is answered in favour of the Assessee and against the Department...

  9. Expenditure on remuneration of employees (i.e., four servants and two drivers) - confirmed the addition at Rs.1.50 lakhs as against at Rs.4.68 lakhs by the CIT(A) - AT

  10. Penalty u/s. 271(1)(c) - expenditure toward payment made to employees under Voluntary Separation Scheme - when the assets are in the process of being sold out, the...

 

Quick Updates:Latest Updates