De-notification of Customs Area and termination of Container Freight Station custodian and Customs Cargo Service Provider authority effective 07-01-20...
Transition support services from corporate spinoff for India business segment - TP adjustment deleted; comparables reassessed; goodwill depreciation, ...
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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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