https://www.taxtmi.com/caselaws?id=2071 The Tribunal allowed the appeal, overturning the disallowance of the VRS amount as capital expenditure and directing a review of interest charged under section 234B. The Tribunal emphasized the nature of the expenditure, rejected the circular's applicability, and disregarded section 35DDA for the deduction, ensuring the assessee's entitlement to the full VRS amount deduction for the relevant assessment year. en-us Fri, 28 Jul 2006 00:00:00 +0530 Sat, 15 Jun 2013 17:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2071 The Tribunal allowed the appeal, overturning the disallowance of the VRS amount as capital expenditure and directing a review of interest charged under section 234B. The Tribunal emphasized the nature of the expenditure, rejected the circular's applicability, and disregarded section 35DDA for the deduction, ensuring the assessee's entitlement to the full VRS amount deduction for the relevant assessment year. Case-Laws Income Tax Fri, 28 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2071