https://www.taxtmi.com/caselaws?id=208707 Voluntary Retirement Scheme compensation or ex gratia does not exclude relief under section 89(1), and the Court reiterated that such receipt may be considered alongside the exemption under section 10(10C). Applying its earlier binding view, it held that section 89 is intended to mitigate tax hardship and there is no statutory prohibition on simultaneous availability of both benefits. The Tribunal's approach was therefore upheld, and the revenue's challenge failed. en-us Thu, 22 Jul 2010 00:00:00 +0530 Wed, 25 Jan 2012 16:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208707 Voluntary Retirement Scheme compensation or ex gratia does not exclude relief under section 89(1), and the Court reiterated that such receipt may be considered alongside the exemption under section 10(10C). Applying its earlier binding view, it held that section 89 is intended to mitigate tax hardship and there is no statutory prohibition on simultaneous availability of both benefits. The Tribunal's approach was therefore upheld, and the revenue's challenge failed. Case-Laws Income Tax Thu, 22 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208707