https://www.taxtmi.com/caselaws?id=795410 Voluntary ex gratia payments received under an employer's scheme were treated as capital receipts where the payment was not required under service rules and comparable scheme payments had received the same treatment. Consistency with coordinate-bench precedent supported non-taxability. Section 56(2)(xi) does not apply where the scheme characterises cessation of employment as voluntary resignation rather than retrenchment or employer-initiated termination. Voluntary retirement is distinct from termination of employment for this purpose. The impugned addition was therefore deleted and the scheme payment treated as a non-taxable capital receipt. en-us Tue, 09 Jun 2026 00:00:00 +0530 Wed, 22 Jul 2026 08:48:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795410 Voluntary ex gratia payments received under an employer's scheme were treated as capital receipts where the payment was not required under service rules and comparable scheme payments had received the same treatment. Consistency with coordinate-bench precedent supported non-taxability. Section 56(2)(xi) does not apply where the scheme characterises cessation of employment as voluntary resignation rather than retrenchment or employer-initiated termination. Voluntary retirement is distinct from termination of employment for this purpose. The impugned addition was therefore deleted and the scheme payment treated as a non-taxable capital receipt. Case-Laws Income Tax Tue, 09 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795410