https://www.taxtmi.com/forum/issue?id=120228 Ex-gratia payments on termination are taxable as profits in lieu of salary unless they meet strict retrenchment or notified VRS exemption conditions. Where treated as salary, relief for lump-sum or advance receipts permits spreading tax impact across years; the taxpayer must follow the prescribed procedure and file the required relief claim form before filing the income-tax return to seek that mitigation. en-us Thu, 10 Jul 2025 14:11:34 +0530 Fri, 29 Aug 2025 18:23:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120228 Ex-gratia payments on termination are taxable as profits in lieu of salary unless they meet strict retrenchment or notified VRS exemption conditions. Where treated as salary, relief for lump-sum or advance receipts permits spreading tax impact across years; the taxpayer must follow the prescribed procedure and file the required relief claim form before filing the income-tax return to seek that mitigation. Discussion-Forum Income Tax Thu, 10 Jul 2025 14:11:34 +0530 https://www.taxtmi.com/forum/issue?id=120228