https://www.taxtmi.com/caselaws?id=259201 The Court concluded that the Exit Option Scheme terms and conditions, specifically related to the Reserve Bank of India's Optional Early Retirement Scheme, are eligible for exemption under section 10(10C) of the Income Tax Act. Citing previous cases and guidelines, the Court affirmed that compliance with the rules governing such schemes does not impact the eligibility for exemption. As the issue of compliance had been settled in favor of the assessee in previous judgments, the Court found no substantial question of law in the appeals and dismissed them without awarding costs. en-us Thu, 09 Apr 2015 00:00:00 +0530 Mon, 04 May 2015 06:42:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259201 The Court concluded that the Exit Option Scheme terms and conditions, specifically related to the Reserve Bank of India's Optional Early Retirement Scheme, are eligible for exemption under section 10(10C) of the Income Tax Act. Citing previous cases and guidelines, the Court affirmed that compliance with the rules governing such schemes does not impact the eligibility for exemption. As the issue of compliance had been settled in favor of the assessee in previous judgments, the Court found no substantial question of law in the appeals and dismissed them without awarding costs. Case-Laws Income Tax Thu, 09 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259201