https://www.taxtmi.com/caselaws?id=794305 Retirement compensation under the BSNL Voluntary Retirement Scheme, 2019, and leave encashment on retirement were examined for exemption under sections 10(10B) and 10(10AA) of the Income-tax Act in light of the assessee's absorption from the Department of Telecommunications and Rule 37A of the Central Civil Services (Pension) Rules. The Tribunal treated such absorbed BSNL employees as a distinct class for pensionary and retirement benefits, and held that they were to be regarded as Central Government employees for the claimed exemptions. Applying harmonious construction, it found that administrative treatment could not restrict the statutory relief where the governing service rules preserved Central Government status for retirement benefits, and the exemptions were allowed accordingly. en-us Mon, 29 Jun 2026 00:00:00 +0530 Fri, 03 Jul 2026 08:49:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794305 Retirement compensation under the BSNL Voluntary Retirement Scheme, 2019, and leave encashment on retirement were examined for exemption under sections 10(10B) and 10(10AA) of the Income-tax Act in light of the assessee's absorption from the Department of Telecommunications and Rule 37A of the Central Civil Services (Pension) Rules. The Tribunal treated such absorbed BSNL employees as a distinct class for pensionary and retirement benefits, and held that they were to be regarded as Central Government employees for the claimed exemptions. Applying harmonious construction, it found that administrative treatment could not restrict the statutory relief where the governing service rules preserved Central Government status for retirement benefits, and the exemptions were allowed accordingly. Case-Laws Income Tax Mon, 29 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794305