https://www.taxtmi.com/caselaws?id=794166 Amounts paid under a voluntary retirement settlement and for loss of salary were treated as falling within the Income-tax Act's exemption and relief framework, including provisions relating to voluntary retirement receipts, profits in lieu of salary, and relief for salary paid in arrears or advance. The Madras HC noted that the employer was not required to grant relief unilaterally without Form 10E, and that employees had to seek relief through the prescribed statutory mechanism. As tax had already been deducted and remitted, the proper course was for the employees to file returns and for the Department to process them under the Act and grant the appropriate refund. en-us Wed, 24 Jun 2026 00:00:00 +0530 Wed, 01 Jul 2026 08:47:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794166 Amounts paid under a voluntary retirement settlement and for loss of salary were treated as falling within the Income-tax Act's exemption and relief framework, including provisions relating to voluntary retirement receipts, profits in lieu of salary, and relief for salary paid in arrears or advance. The Madras HC noted that the employer was not required to grant relief unilaterally without Form 10E, and that employees had to seek relief through the prescribed statutory mechanism. As tax had already been deducted and remitted, the proper course was for the employees to file returns and for the Department to process them under the Act and grant the appropriate refund. Case-Laws Income Tax Wed, 24 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794166