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Income Tax - Highlights / Catch Notes

Home Highlights April 2023 Year 2023 This

Amount received after cessation of employment with the employer ...

April 15, 2023

Case Laws     Income Tax     AT

Amount received after cessation of employment with the employer company - profits in lieu of salary - when the employer itself stated that the payment has been made voluntarily by them out of appreciation for the employee thus falls outside the rigours of section 17(3)(iii) of the Act. - AT

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