https://www.taxtmi.com/caselaws?id=794678 Compensation received under the BSNL VRS 2019 scheme was treated as retrenchment compensation for purposes of section 10(10B) of the Income-tax Act, where the scheme and governing conditions, including Rule 2BA compliance, were satisfied. The Tribunal followed its coordinate bench rulings on the same scheme and accepted that the exemption applied to the entire retrenchment compensation, with leave encashment, if any, separately addressed. It also recognised that relief could be granted in appeal even if the original return position did not claim the exemption, and directed the Assessing Officer to allow the tax relief. en-us Mon, 06 Jul 2026 00:00:00 +0530 Thu, 09 Jul 2026 08:35:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794678 Compensation received under the BSNL VRS 2019 scheme was treated as retrenchment compensation for purposes of section 10(10B) of the Income-tax Act, where the scheme and governing conditions, including Rule 2BA compliance, were satisfied. The Tribunal followed its coordinate bench rulings on the same scheme and accepted that the exemption applied to the entire retrenchment compensation, with leave encashment, if any, separately addressed. It also recognised that relief could be granted in appeal even if the original return position did not claim the exemption, and directed the Assessing Officer to allow the tax relief. Case-Laws Income Tax Mon, 06 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794678