BSNL VRS Compensation Held Fully Exempt – ITAT Pune Treats It as Retrenchment u/s 10(10B) In a batch of appeals, the ITAT Pune examined whether ex-gratia compensation received by BSNL employees under the Voluntary Retirement Scheme (VRS), 2019 is taxable or exempt. The Tribunal held that although the scheme is termed as “VRS”, in…
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