https://www.taxtmi.com/caselaws?id=70728 The Tribunal affirmed the Appellate Assistant Commissioner's decision, allowing relief under section 89(1) for an employee who voluntarily retired and received compensation. It held that voluntary retirement qualifies for relief as 'profits in lieu of salary' under section 17(3) and complies with rule 21A. The Tribunal clarified that the appeal under section 246(1)(c) was maintainable, emphasizing that voluntary retirement constitutes termination for relief eligibility under section 89. en-us Fri, 23 Nov 1984 00:00:00 +0530 Mon, 18 Apr 2011 18:03:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70728 The Tribunal affirmed the Appellate Assistant Commissioner's decision, allowing relief under section 89(1) for an employee who voluntarily retired and received compensation. It held that voluntary retirement qualifies for relief as 'profits in lieu of salary' under section 17(3) and complies with rule 21A. The Tribunal clarified that the appeal under section 246(1)(c) was maintainable, emphasizing that voluntary retirement constitutes termination for relief eligibility under section 89. Case-Laws Income Tax Fri, 23 Nov 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70728