https://www.taxtmi.com/caselaws?id=178555 The Tribunal allowed the appeal, determining that the receipts under the SBI's early retirement scheme were eligible for exemption under section 10(10C) of the Act. The Tribunal found that the scheme met the criteria outlined in rule 2BA, including factors such as service duration, age requirements, overall reduction in employee strength, and non-filling of vacancies. Emphasizing compliance with statutory guidelines, the Tribunal held that the scheme aligned with previous precedents and granted the exemption. The decision was rendered on 28th September 2010. en-us Tue, 28 Sep 2010 00:00:00 +0530 Mon, 08 Feb 2016 17:12:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178555 The Tribunal allowed the appeal, determining that the receipts under the SBI's early retirement scheme were eligible for exemption under section 10(10C) of the Act. The Tribunal found that the scheme met the criteria outlined in rule 2BA, including factors such as service duration, age requirements, overall reduction in employee strength, and non-filling of vacancies. Emphasizing compliance with statutory guidelines, the Tribunal held that the scheme aligned with previous precedents and granted the exemption. The decision was rendered on 28th September 2010. Case-Laws Income Tax Tue, 28 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178555