https://www.taxtmi.com/caselaws?id=422916 The Tribunal concluded that the lump sum payment received by the assessee should be treated as advance salary, not compensation on termination. Therefore, the assessee was entitled to relief under Section 89(1) read with Rule 21A(1)(a) of the Income Tax Act, 1961. The appeal was allowed, directing the Assessing Officer to grant the relief as claimed by the assessee. en-us Thu, 19 May 2022 00:00:00 +0530 Wed, 25 May 2022 13:13:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422916 The Tribunal concluded that the lump sum payment received by the assessee should be treated as advance salary, not compensation on termination. Therefore, the assessee was entitled to relief under Section 89(1) read with Rule 21A(1)(a) of the Income Tax Act, 1961. The appeal was allowed, directing the Assessing Officer to grant the relief as claimed by the assessee. Case-Laws Income Tax Thu, 19 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422916