https://www.taxtmi.com/caselaws?id=201533 The High Court upheld the Tribunal's decision, dismissing the Revenue's appeal challenging the simultaneous benefits claim under Section 10(10-C) and Section 89 of the Income Tax Act for Compensation under the Voluntary Retirement Scheme. Legal precedents and interpretations supported the permissibility of claiming twin benefits, as established in previous court decisions. The judgment reinforced the allowance of benefits under both sections, resolving the matter in favor of the assessee and affirming the Tribunal's order. en-us Fri, 08 Oct 2010 00:00:00 +0530 Thu, 13 Jan 2011 23:53:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201533 The High Court upheld the Tribunal's decision, dismissing the Revenue's appeal challenging the simultaneous benefits claim under Section 10(10-C) and Section 89 of the Income Tax Act for Compensation under the Voluntary Retirement Scheme. Legal precedents and interpretations supported the permissibility of claiming twin benefits, as established in previous court decisions. The judgment reinforced the allowance of benefits under both sections, resolving the matter in favor of the assessee and affirming the Tribunal's order. Case-Laws Income Tax Fri, 08 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201533