Tag Archives: Ward-1

TDS Credit Omitted in Original Return Must Be Granted on Rectification if Reflected in Form 26AS

By | September 18, 2026

TDS Credit Omitted in Original Return Must Be Granted on Rectification if Reflected in Form 26AS Issue Whether an assessee who omitted to claim credit for tax deducted at source (TDS) in the original return filed under Section 139(1) can claim the TDS credit via a rectification application under Section 154, when the TDS is… Read More »

BSNL VRS-2019 Compensation Is Tax-Exempt Retrenchment Compensation Under Section 10(10B) Of Income-tax Act

By | September 2, 2026

BSNL VRS-2019 Compensation Is Tax-Exempt Retrenchment Compensation Under Section 10(10B) Of Income-tax Act BSNL VRS-2019 Compensation Is Tax-Exempt Retrenchment Compensation Under Section 10(10B) Of Income-tax Act Issue Whether compensation received by a retired BSNL employee under the BSNL Voluntary Retirement Scheme (VRS-2019) qualifies as tax-exempt retrenchment compensation under Section 10(10B) rather than Section 10(10C) of… Read More »