VRS and Relief sec 89
Rajeev Rathore (2 Points)
20 August 2017One person have received VRS compensation from his employer Rs. 25 Lakh,
Now question is that:
(1) Whether he can claim Deduction u/s 10 (10 c) of Rs. 5 Lakh;
And
(2) Relief u/s 89 for balance compensation, I.e. Rs. 20 Lakh.
Or
He can choose any one out of above two deductions?
Please advise