https://www.taxtmi.com/caselaws?id=388894 HC held that employees of Public Sector Undertakings and nationalised banks do not acquire the status of Central or State Government employees merely because such entities are treated as "State" under Article 12; therefore the challenge to Section 10(10AA) claiming parity with government servants was rejected. The petition was dismissed insofar as it sought classification of those employees as government servants for exemption purposes. However, HC found a prima facie case that the exemption limit under clause (ii) of Section 10(10AA) has become outdated since the last revision in 2002 and issued notice to respondents limited to that aspect. en-us Fri, 08 Nov 2019 00:00:00 +0530 Wed, 17 Sep 2025 16:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388894 HC held that employees of Public Sector Undertakings and nationalised banks do not acquire the status of Central or State Government employees merely because such entities are treated as "State" under Article 12; therefore the challenge to Section 10(10AA) claiming parity with government servants was rejected. The petition was dismissed insofar as it sought classification of those employees as government servants for exemption purposes. However, HC found a prima facie case that the exemption limit under clause (ii) of Section 10(10AA) has become outdated since the last revision in 2002 and issued notice to respondents limited to that aspect. Case-Laws Income Tax Fri, 08 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388894