Entitlement to exemption u/s 10(10C) - consolidated payment made ...
High Court Rules on Voluntary Retirement Scheme Payments: Section 10(10C) Exemption Limited by Income Tax Act, Not Rule 2BA.
April 23, 2018
Case Laws Income Tax HC
Entitlement to exemption u/s 10(10C) - consolidated payment made to the assessee employees under Voluntary Retirement Scheme issued by the ICICI Bank - Rule 2BA of the Income Tax Rules, 1962, cannot exceed the provisions of the Act. - HC
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