Dear CAs/ Tax Experts
When someone has taken VRS and received severance pay + gratuity + Leave encashments , what all exact sections ( e.g: u/s 89 , 10(10) , 10(10AA) , 10(10C ) ) could be applied to avail tax exemptions for voluntary retirement or termination while filing ITR-1 ? do we need to fill any form (e.g: 10E ) in advance pls ?
What's the exact process and how to avail these ?
Best Regards
CAclubindia
