ITAT Rules Trade Union Settlement Receipts Not Taxable, Exempt Under Income Tax Act Sections 2(24) and 10(24.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Income u/s 2(24) / Exemption u/s 10(24) - receipt by the trade Union for settlement on behalf of member worker - ITAT in the present case wrongly rejected the ratio of the decision of the ITAT in an Identical case - Additions deleted.....