https://www.taxtmi.com/caselaws?id=798728 Ex-gratia compensation under the BSNL Voluntary Retirement Scheme, 2019, where paid under a Government-approved workforce-reduction plan, is treated by substance as retrenchment compensation rather than voluntary-retirement compensation. It is a capital receipt eligible for exemption under section 10(10B), without the ceiling applicable to section 10(10C), notwithstanding the scheme's nomenclature or a restrictive understanding of workman. Appellate authorities may admit a legitimate exemption claim not made in an original or revised return to determine correct tax liability. Revised computations may be submitted for verification of the compensation and scheme, followed by consequential refunds where due. en-us Tue, 14 Jul 2026 00:00:00 +0530 Fri, 11 Sep 2026 08:13:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798728 Ex-gratia compensation under the BSNL Voluntary Retirement Scheme, 2019, where paid under a Government-approved workforce-reduction plan, is treated by substance as retrenchment compensation rather than voluntary-retirement compensation. It is a capital receipt eligible for exemption under section 10(10B), without the ceiling applicable to section 10(10C), notwithstanding the scheme's nomenclature or a restrictive understanding of workman. Appellate authorities may admit a legitimate exemption claim not made in an original or revised return to determine correct tax liability. Revised computations may be submitted for verification of the compensation and scheme, followed by consequential refunds where due. Case-Laws Income Tax Tue, 14 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798728