https://www.taxtmi.com/caselaws?id=792908 Delay in filing the first appeals was condoned because the assessee gave a bona fide explanation based on lack of awareness of the correct legal position and later discovery of the remedy through circulated BSNL VRS orders, with refusal to condone viewed as defeating substantial justice. Ex-gratia compensation received under the BSNL VRS-2019 scheme was treated as retrenchment compensation under a Government-approved revival package funded by budgetary support, so it qualified for exemption and the tax additions were deleted. Consequential relief relating to the related retirement benefit exemption was also directed if otherwise eligible. en-us Thu, 21 May 2026 00:00:00 +0530 Fri, 05 Jun 2026 08:07:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792908 Delay in filing the first appeals was condoned because the assessee gave a bona fide explanation based on lack of awareness of the correct legal position and later discovery of the remedy through circulated BSNL VRS orders, with refusal to condone viewed as defeating substantial justice. Ex-gratia compensation received under the BSNL VRS-2019 scheme was treated as retrenchment compensation under a Government-approved revival package funded by budgetary support, so it qualified for exemption and the tax additions were deleted. Consequential relief relating to the related retirement benefit exemption was also directed if otherwise eligible. Case-Laws Income Tax Thu, 21 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792908