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Income Tax - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Deductibility of expenditure incurred on VRS - Rule 2BA of the ...


Voluntary Retirement Scheme Expenses Deductibility: Rule 2BA Applies Only with Section 10(10C), Not Section 35DDA.

October 4, 2013

Case Laws     Income Tax     HC

Deductibility of expenditure incurred on VRS - Rule 2BA of the Rules is attracted and applicable only to a circumstance, where the benefit of Section 10(10C) of the Act is sought for and not in a situation where the provisions of section 35DDA of the Act is called in aid - HC

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