https://www.taxtmi.com/caselaws?id=5300 SC upheld constitutionality of clause (10C) of s.10 Income-tax Act, holding the distinction between public sector and private sector employees is a reasonable classification with an intelligible differentia and rational nexus to the statutory objective of improving public sector viability by incentivising voluntary retirement. The Court found the tax exemption a permissible incentive for shedding surplus manpower, not hostile discrimination, and rejected reading the provision to include private employers, noting the concurrent statutory definition of "public sector company." Writ petition dismissed; no order as to costs. en-us Fri, 20 Jul 1990 00:00:00 +0530 Mon, 27 Oct 2025 19:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5300 SC upheld constitutionality of clause (10C) of s.10 Income-tax Act, holding the distinction between public sector and private sector employees is a reasonable classification with an intelligible differentia and rational nexus to the statutory objective of improving public sector viability by incentivising voluntary retirement. The Court found the tax exemption a permissible incentive for shedding surplus manpower, not hostile discrimination, and rejected reading the provision to include private employers, noting the concurrent statutory definition of "public sector company." Writ petition dismissed; no order as to costs. Case-Laws Income Tax Fri, 20 Jul 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5300