https://www.taxtmi.com/caselaws?id=36408 A lump sum paid on permanent absorption of a Government servant in a public sector undertaking under Rule 37A of the Central Civil Services (Pension) Rules, 1972, was treated as a distinct terminal benefit in substitution of the entire pension, not as ordinary commutation under the Civil Pensions (Commutation) Rules. On that construction, section 10(10A) of the Income-tax Act, 1961, was read to extend full exemption to the amount received under the special absorption scheme, without importing the one-third commutation limit applicable to ordinary pension commutation. en-us Tue, 13 Nov 1979 00:00:00 +0530 Mon, 22 Mar 2010 11:44:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36408 A lump sum paid on permanent absorption of a Government servant in a public sector undertaking under Rule 37A of the Central Civil Services (Pension) Rules, 1972, was treated as a distinct terminal benefit in substitution of the entire pension, not as ordinary commutation under the Civil Pensions (Commutation) Rules. On that construction, section 10(10A) of the Income-tax Act, 1961, was read to extend full exemption to the amount received under the special absorption scheme, without importing the one-third commutation limit applicable to ordinary pension commutation. Case-Laws Income Tax Tue, 13 Nov 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36408