https://www.taxtmi.com/caselaws?id=389930 The Tribunal ruled in favor of the assessee, setting aside the disallowance of the claim made under section 10(10A)(ii) of the Income Tax Act, 1961. The decision was based on the nature of the compensation received by the assessee, which was deemed to be towards commuted pension despite the continuation of employment. The Tribunal directed the Assessing Officer to allow the claim, emphasizing the purpose and intent of the payment as retirement benefits. en-us Wed, 30 Oct 2019 00:00:00 +0530 Thu, 19 Dec 2019 11:32:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389930 The Tribunal ruled in favor of the assessee, setting aside the disallowance of the claim made under section 10(10A)(ii) of the Income Tax Act, 1961. The decision was based on the nature of the compensation received by the assessee, which was deemed to be towards commuted pension despite the continuation of employment. The Tribunal directed the Assessing Officer to allow the claim, emphasizing the purpose and intent of the payment as retirement benefits. Case-Laws Income Tax Wed, 30 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389930