Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2020 (7) TMI 193

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... sessee arises out of the order passed by the CIT(A)-13, Pune on 18-10-2019 in relation to the assessment year 1998-99. 2. The only issue raised herein is against not granting deduction of Rs. 2.86 crore towards payment on account of Voluntary Retirement Scheme (VRS) relating to employees of its Calcutta unit. 3. Succinctly, the facts of the case are that the assessee is a company engaged in the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... for the immediately succeeding assessment year. Vide order dated 26-03-2010 (ITA No.4667/M/2005), the Tribunal has decided it in favour of the assessee. The Revenue carried the matter before the Hon'ble Bombay High Court against the said order of the Tribunal. Vide judgment dated 08-03-2013, the Hon'ble Bombay High Court dismissed the appeal of the Revenue. A copy of the judgment is available on r .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates