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Form 10E to waive-off Severance Pay of 7 Years

ITR Filing 597 views 1 replies

Dear CAs/Tax Consultants ,

Can someone pls guide , How to fill up Form 10E effectively u/s 89 to waive-off servarance pay of 16Lakhs ( due to VRS / Termination ) which has been calculated for 7 years of employment tenure .

Regards

 

Replies (1)

Steps to fill Form 10E:

  1. Fill in personal details and assessment year.
  2. Provide details of the severance pay and reason.
  3. Calculate tax relief as per section 89 rules.
  4. Attach necessary documents like VRS/Termination letter.


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