VRS Exemption.

ITAT Chennai Condones Delay of Over 1,500 Days, Allows Full Exemption on BSNL VRS Compensation The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has observed that ex-gratia compensation received under the BSNL VRS-2019 Scheme qualifies for exemption under Section 10(10B) of the Income Tax Act, 1961. The Tribunal also condoned a delay of…