Amortisation of expenditure incurred under voluntary retirement ...

Income Tax

February 10, 2022

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 ...

Income Tax

February 10, 2022

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