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ITAT Kolkata Grants Section 10(10B) Relief to Three BSNL Retirees

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Summary

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  • ITAT Kolkata has granted relief under Section 10(10B) to three retirees from BSNL, allowing their VRS-2019 compensation exemptions.
  • The decision follows previous coordinate bench rulings on similar appeals, reinforcing the legal precedent.
  • This ruling highlights the ongoing scrutiny of tax exemptions for voluntary retirement schemes in India.
  • The implications of this decision could influence future claims by other BSNL retirees seeking similar relief.

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