https://www.taxtmi.com/caselaws?id=793749 Delay in filing the appeals was condoned on the basis of sufficient cause, with the Tribunal preferring substantial justice over procedural delay where the assessees gave an elaborate explanation and had acted on professional advice. On merits, compensation received by BSNL employees under the BSNL Voluntary Retirement Scheme, 2019 was treated as retrenchment compensation and a capital receipt falling within section 10(10B) of the Income-tax Act, 1961. The Tribunal also accepted that the exemption claim could be raised before the appellate authority with revised computation for verification and consequential relief, and rejected the view that the claim failed merely because it was not made in the original return. en-us Fri, 19 Jun 2026 00:00:00 +0530 Tue, 23 Jun 2026 08:08:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793749 Delay in filing the appeals was condoned on the basis of sufficient cause, with the Tribunal preferring substantial justice over procedural delay where the assessees gave an elaborate explanation and had acted on professional advice. On merits, compensation received by BSNL employees under the BSNL Voluntary Retirement Scheme, 2019 was treated as retrenchment compensation and a capital receipt falling within section 10(10B) of the Income-tax Act, 1961. The Tribunal also accepted that the exemption claim could be raised before the appellate authority with revised computation for verification and consequential relief, and rejected the view that the claim failed merely because it was not made in the original return. Case-Laws Income Tax Fri, 19 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793749