https://www.taxtmi.com/caselaws?id=421603 The Tribunal determined that the lump sum ex-gratia payment received by the assessee should be classified as "salary received in advance" rather than "compensation for termination of employment." Consequently, the assessee was deemed eligible for relief under Section 89(1) read with Rule 21A(2) of the Income Tax Rules, 1962. The appeal was allowed, directing the Assessing Officer to grant the relief accordingly. en-us Fri, 22 Apr 2022 00:00:00 +0530 Thu, 28 Apr 2022 08:13:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421603 The Tribunal determined that the lump sum ex-gratia payment received by the assessee should be classified as "salary received in advance" rather than "compensation for termination of employment." Consequently, the assessee was deemed eligible for relief under Section 89(1) read with Rule 21A(2) of the Income Tax Rules, 1962. The appeal was allowed, directing the Assessing Officer to grant the relief accordingly. Case-Laws Income Tax Fri, 22 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421603