https://www.taxtmi.com/caselaws?id=178558 The ITAT Pune allowed the appeal challenging the denial of exemption u/s. 10(10C) of the Act for the Ex-gratia amount received by the assessee under the Exit Option Scheme for A.Y. 2008-09. Relying on the High Court of Bombay's decision and a CBDT Circular, the Tribunal directed the A.O to grant the exemption, citing consistent rulings in similar cases. The appeal was allowed, confirming the assessee's eligibility for exemption under section 10(10C) for voluntary retirement under the Exit Option Scheme. en-us Wed, 21 Nov 2012 00:00:00 +0530 Mon, 08 Feb 2016 17:27:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178558 The ITAT Pune allowed the appeal challenging the denial of exemption u/s. 10(10C) of the Act for the Ex-gratia amount received by the assessee under the Exit Option Scheme for A.Y. 2008-09. Relying on the High Court of Bombay's decision and a CBDT Circular, the Tribunal directed the A.O to grant the exemption, citing consistent rulings in similar cases. The appeal was allowed, confirming the assessee's eligibility for exemption under section 10(10C) for voluntary retirement under the Exit Option Scheme. Case-Laws Income Tax Wed, 21 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178558