https://www.taxtmi.com/caselaws?id=418188 The court ruled in favor of the Assessee, determining that the deduction under the Voluntary Retirement Scheme should be based on the entire accrued liability incurred, not solely on the amount paid during the relevant year. The court set aside the orders of the Commissioner of Income Tax (Appeals) and the Income Tax Appellate Tribunal, along with the Assessing Officer's decision, allowing the appeal with no costs awarded. en-us Wed, 02 Feb 2022 00:00:00 +0530 Thu, 10 Feb 2022 08:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418188 The court ruled in favor of the Assessee, determining that the deduction under the Voluntary Retirement Scheme should be based on the entire accrued liability incurred, not solely on the amount paid during the relevant year. The court set aside the orders of the Commissioner of Income Tax (Appeals) and the Income Tax Appellate Tribunal, along with the Assessing Officer's decision, allowing the appeal with no costs awarded. Case-Laws Income Tax Wed, 02 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418188