Sudarsan Sarkar Vs. ITO Ward-52(1), Kolkata & other connected matters

Parties Involved

Facts Summary

The appellants are ex-employees of BSNL who were recruited as DoT in the position of Junior Telecom Officer and subsequently deputed to BSNL. Upon the formation of BSNL, the employees were forced to work in BSNL on a deemed deputation basis. The employees were absorbed in BSNL as per a Presidential Order dated 28th Nov 2005. BSNL launched the Voluntary Retirement Scheme (VRS) 2019 to right-size its workforce by offering a golden handshake package including Pension Ex Gratia and others. The appellants received compensation under this scheme but did not claim any exemption in their returns due to lack of awareness regarding the exemption available under section 10(10B) of the Income Tax Act, 1961.…

Legal Issues

• 1. Whether the compensation received under BSNL VRS-2019 is eligible for exemption under section 10(10B) of the Income Tax Act, 1961?

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

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