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39.96 lakh BSNL VRS payout gets full tax exemption from ITAT; here's what the ruling means

A retired BSNL employee won full tax relief on a 39.96 lakh VRS payout after the ITAT ruled it was retrenchment compensation. The tribunal said the benefit under Section 10(10B) applies based on the specific facts of the BSNL VRS-2019 scheme.