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Commissioner Of Income Tax And Anr. vs P. Surendra Prabhu on 21 September, 2005

In terms of the law laid down by this Court in the case of CIT v. Surendra Prabhu P. 2005 (59) KLJ 609 on which reliance is placed by learned counsel for the petitioner it does points out that in respect of any payment received by a person seeking voluntary retirement the first five lakhs rupees is exempt under section 10(10C) of the Act and in respect of balance of the amount, the tax deducted is not justified as the balance amount is one which entitles for exemption within the permissible limit.
Karnataka High Court Cites 40 - Cited by 30 - H L Dattu - Full Document
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