Straight-line lease rental accounting change results in penalty quashed where disclosed accounts and bona fide arguable accounting interpretation exis...
Allocation of enhanced FSI/TDR proceeds between cooperative society and individual flat-owners; tribunal deletes society LTCG addition, remits 80P ver...
Retrenchment compensation received under a voluntary retirement scheme was held eligible for exemption under section 10(10B). The Tribunal found the controversy identical to an earlier co-ordinate bench decision on the same scheme and, noting no change in the legal position or factual matrix, followed that precedent. As a result, the assessee's claim for exemption was accepted and the grounds seeking relief under section 10(10B) were allowed.
Retrenchment compensation received under a voluntary retirement scheme was held eligible for exemption under section 10(10B). The Tribunal found the controversy identical to an earlier co-ordinate bench decision on the same scheme and, noting no change in the legal position or factual matrix, followed that precedent. As a result, the assessee's claim for exemption was accepted and the grounds seeking relief under section 10(10B) were allowed.
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