2015 (1) TMI 1392 - SCH - Income Tax

Rectification of mistakes - Exemption u/s 10(10) - Voluntary Retirement Scheme (VRS) - Error apparent on record - Held that - These matters are squarely covered by an order in case of Asstt. Commissioner of Income Tax-I Madur v. K.R. Alagappan 2014 (10) TMI 979 - SUPREME COURT OF INDIA filed by the Revenue Authority and dismissed by a coordinate Bench of this Court.

Summary

The Supreme Court of India heard multiple civil appeals filed by assessees and de-tagged them to be listed again after six weeks. Another set of appeals were dismissed as they were covered by a previous order, leaving the question of law raised open.