Amortisation of expenditure incurred under voluntary retirement ...

Court Rules in Favor of Assessee on Amortization of Voluntary Retirement Scheme Expenditure, Rejects Department's Stance.

February 10, 2022

Case Laws Income Tax HC

Amortisation of expenditure incurred under voluntary retirement scheme - Question framed by this Court is answered in favour of the Assessee and against the Department by holding that allowance and deduction under the VRS scheme are to be based on the entire accrued liability incurred and not just of the amount actually paid during the relevant AY. - HC

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Amortisation of expenditure incurred under voluntary retirement ...

Court Rules in Favor of Assessee on Amortization of Voluntary Retirement Scheme Expenditure, Rejects Department's Stance.

February 10, 2022

Case Laws Income Tax HC

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