https://www.taxtmi.com/caselaws?id=175301 The Tribunal upheld the decision of the Ld. CIT(A) to allow exemption u/s. 10(10C) of the Act for an employee of State Bank of India who received an ex-gratia amount under the Exit Option Scheme. The Tribunal relied on previous judgments and found no contradictory decision presented by the Revenue, affirming the allowance of exemption based on the original income tax return filed by the assessee. The appeal was dismissed on 8th November 2011. en-us Tue, 08 Nov 2011 00:00:00 +0530 Mon, 08 Aug 2022 15:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175301 The Tribunal upheld the decision of the Ld. CIT(A) to allow exemption u/s. 10(10C) of the Act for an employee of State Bank of India who received an ex-gratia amount under the Exit Option Scheme. The Tribunal relied on previous judgments and found no contradictory decision presented by the Revenue, affirming the allowance of exemption based on the original income tax return filed by the assessee. The appeal was dismissed on 8th November 2011. Case-Laws Income Tax Tue, 08 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175301