AI Drafter - (New and Powerful) 
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter. 
TaxTMI 
TaxTMI 
2019 (4) TMI 969
X X X X Extracts X X X X
X X X X Extracts X X X X
....shnavalli For the Appellants : Mrs.S.Srimathy, learned standing counsel For the Respondent : No Appearance COMMON JUDGEMENT DR.VINEET KOTHARI, J. The Revenue Department has filed these appeals aggrieved by the order passed by the learned Single Judge, by which, the learned Single Judge allowed the writ petitions filed by the respondents/assessee, who claimed exemption under Section ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....Ambujakshan reported in (2009) 309 ITR 113 and also by the Madras High Court itself in the case of S.Parthasarathy V. The Assistant Commissioner of Income Tax in Tax Case (Appeal) Nos.1210, 1217, 1249 and 1250 of 2009 decided by the Division Bench of this Court dated 23.12.2009, in which, it was held that such amount received on voluntary retirement by the assessee, the retiring employees would be....
X X X X Extracts X X X X
X X X X Extracts X X X X
....aid provision is argued, it is no longer res-integra and has been concluded by a series of judgments by different High Courts including the Madras High Court, which has been approved by the Hon'ble Supreme Court as well and one such order is produced by the learned counsel for the appellants herself in the case of Chandra Renganathan and other Vs. CIT, Chennai in Civil Appeal Nos.6997-7002 of ....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... India and the Commissioner of Income Tax, the respondent herein, it was submitted that in view of the said Circular, the respondent herein, it was submitted that in view of the said Circular, the respondent would allow the benefit of deduction to the appellants under Section 10(10C) of the Income Tax Act, 1961, as far as the retired employees of the Reserve Bank of India are concerned. H....