12 August 2024


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ITAT Pune: Ex-Gratia Payment to Prematurely Retiring Employees Deductible Even in Absence of Scheme - 30.08.2019

Income Tax Appellate Tribunal (ITAT) Pune has ruled 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, 1961 even though there is no such scheme providing the same.

Tags : ITAT Pune Ex-Gratia Payment

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