Case Law Analysis
|Income Tax Appellate Tribunal
BSNL VRS 2019 Compensation Exempt under Section 10(10B) Even When Claimed First in Appeal | ITAT Agra : ITAT
The ITAT Agra held that ex gratia payments received under BSNLs Voluntary Retirement Scheme 2019 qualify for full exemption under section 10 10B of the Income Tax Act even if the exemption is claimed for the first time in appeal. The ruling benefits BSNL employees who opted for VRS 2019 clarifying that the fresh claim doctrine allows retrospective exemption claims.