https://www.taxtmi.com/caselaws?id=77061 The High Court allowed the Revenue's appeal in a case concerning the taxability of ex-gratia amounts received under the Optional Early Retirement Scheme by RBI employees. The Court held that RBI employees accepting the scheme were entitled to the benefit of section 10(10C) of the Income Tax Act, based on relevant decisions and government communication. The Court set aside the Tribunal's order, ruling in favor of the assessee. en-us Tue, 13 Jul 2010 00:00:00 +0530 Tue, 11 Dec 2012 18:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77061 The High Court allowed the Revenue's appeal in a case concerning the taxability of ex-gratia amounts received under the Optional Early Retirement Scheme by RBI employees. The Court held that RBI employees accepting the scheme were entitled to the benefit of section 10(10C) of the Income Tax Act, based on relevant decisions and government communication. The Court set aside the Tribunal's order, ruling in favor of the assessee. Case-Laws Income Tax Tue, 13 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77061