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VRS ITR CASE
Employee wrongly reported Rs 65.21 lakh VRS payout in ITR, lost tax relief; ITAT Pune rules the amount is not taxable and grants him relief- ITR 2026: Common income tax return filing mistakes that cost employees lakhs
- Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this ground
- Fired employee gets Rs 26 lakh severance pay, but didn't pay income tax; loses tax battle in ITAT Hyderabad for this key reasonIn a landmark decision on November 19, 2025, the ITAT Hyderabad ruled that severance packages is to be classified as taxable income under p...05 Dec, 2025, 01.06 PM IST
- Query Corner: TaxationOur expert guides you in matters relating to taxation.19 Oct, 2010, 02.56 AM IST
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