Vrs and section 89 relief
This query is : Resolved
Harkirat Singh kaler
(Querist)
01 August 2012
Hello Members,
I have a client who recently got VRS from a Semi Govt Org.
So Now my query is whether he can claim both exemptions of Rs 5 lacs in section 10 clause c and Relief u/s 89
If yes how can we calculate Relief u/s 89.
I have a client who recently got VRS from a Semi Govt Org.
So Now my query is whether he can claim both exemptions of Rs 5 lacs in section 10 clause c and Relief u/s 89
If yes how can we calculate Relief u/s 89.
CA PARAS BAFNA
(Expert)
01 August 2012
As per proviso to Section 89, Relief is not available in the cases like VRS.
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Harkirat Singh kaler
(Querist)
02 August 2012
Thank u sir,,actully someone told my client that its available for sure.
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