The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that the amount of ex-gratia payment to the prematurely retiring employees can be allowed as a deduction under the provisions of Income Tax Act even though there is no such scheme providing the same. After the conclusion of the assessment proceedings, the Assessing […]
The post Ex-Gratia Payment to Prematurely retiring Employees Deductible even in the absence of a Scheme: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
from Taxscan | Simplifying Tax Laws https://ift.tt/2ZxuFvy
No comments:
Post a Comment