https://www.taxtmi.com/caselaws?id=242063 The appeal was filed by the assessee against the CIT(A)'s order for the assessment year 2007-08, challenging the non-acceptance of binding judgments of various Income-tax Appellate Tribunals in favor of the assessee. The issue primarily focused on the disallowance of exemption under section 10(10C) by the assessing officer and CIT(A), as well as the interpretation of Rule 2BA of Income Tax Rules regarding VRS schemes. The Tribunal ultimately ruled in favor of the assessee, emphasizing compliance with Rule 2BA in the SBI Exit Option Scheme and the applicability of judgments supporting the exemption under section 10(10C. en-us Tue, 17 Dec 2013 00:00:00 +0530 Tue, 07 Jan 2014 08:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242063 The appeal was filed by the assessee against the CIT(A)'s order for the assessment year 2007-08, challenging the non-acceptance of binding judgments of various Income-tax Appellate Tribunals in favor of the assessee. The issue primarily focused on the disallowance of exemption under section 10(10C) by the assessing officer and CIT(A), as well as the interpretation of Rule 2BA of Income Tax Rules regarding VRS schemes. The Tribunal ultimately ruled in favor of the assessee, emphasizing compliance with Rule 2BA in the SBI Exit Option Scheme and the applicability of judgments supporting the exemption under section 10(10C. Case-Laws Income Tax Tue, 17 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242063