https://www.taxtmi.com/caselaws?id=799418 BSNL VRS-2019 compensation is treated as retrenchment compensation arising from forced retirement under the BSNL revival scheme, rather than as a payment governed by the voluntary-retirement exemption. The distinction between retrenchment compensation and voluntary-retirement compensation determines the applicable exemption: the payment qualifies for exemption under Section 10(10B) of the Income-tax Act, 1961, as a capital receipt, while Section 10(10C) does not apply. en-us Tue, 07 Jul 2026 00:00:00 +0530 Tue, 22 Sep 2026 08:17:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799418 BSNL VRS-2019 compensation is treated as retrenchment compensation arising from forced retirement under the BSNL revival scheme, rather than as a payment governed by the voluntary-retirement exemption. The distinction between retrenchment compensation and voluntary-retirement compensation determines the applicable exemption: the payment qualifies for exemption under Section 10(10B) of the Income-tax Act, 1961, as a capital receipt, while Section 10(10C) does not apply. Case-Laws Income Tax Tue, 07 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799418