https://www.taxtmi.com/caselaws?id=469853 Belated appeals were condoned where the assessee, a retired BSNL employee, showed sufficient and reasonable cause for the 1592-day and 1455-day delays, and refusal to condone was treated as defeating substantial justice. Ex-gratia compensation received under the BSNL VRS-2019 scheme was treated as retrenchment compensation rather than a mere voluntary retirement benefit, because the scheme was Government-approved and budget-funded; it was therefore held eligible for exemption under section 10(10B). The corresponding tax additions were directed to be deleted, with consequential relief in respect of leave encashment under section 10(10AA) if otherwise admissible. en-us Thu, 21 May 2026 00:00:00 +0530 Mon, 06 Jul 2026 20:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469853 Belated appeals were condoned where the assessee, a retired BSNL employee, showed sufficient and reasonable cause for the 1592-day and 1455-day delays, and refusal to condone was treated as defeating substantial justice. Ex-gratia compensation received under the BSNL VRS-2019 scheme was treated as retrenchment compensation rather than a mere voluntary retirement benefit, because the scheme was Government-approved and budget-funded; it was therefore held eligible for exemption under section 10(10B). The corresponding tax additions were directed to be deleted, with consequential relief in respect of leave encashment under section 10(10AA) if otherwise admissible. Case-Laws Income Tax Thu, 21 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469853