https://www.taxtmi.com/caselaws?id=794722 Compensation received under BSNL VRS-2019 was treated as retrenchment compensation, satisfying the conditions for exemption under section 10(10B) of the Income-tax Act. The Tribunal followed coordinate bench decisions on the same scheme and accepted that the legal and factual position remained unchanged. It also noted that the claim had been raised before the appellate authority, so the assessee was entitled to the relief despite not claiming it in the return. Exemption was thus allowed on the retirement compensation, including leave encashment if part of the scheme-linked amount. en-us Mon, 06 Jul 2026 00:00:00 +0530 Fri, 10 Jul 2026 07:39:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794722 Compensation received under BSNL VRS-2019 was treated as retrenchment compensation, satisfying the conditions for exemption under section 10(10B) of the Income-tax Act. The Tribunal followed coordinate bench decisions on the same scheme and accepted that the legal and factual position remained unchanged. It also noted that the claim had been raised before the appellate authority, so the assessee was entitled to the relief despite not claiming it in the return. Exemption was thus allowed on the retirement compensation, including leave encashment if part of the scheme-linked amount. Case-Laws Income Tax Mon, 06 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794722