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RE:Goog one
by
Pawan Sachdeva
on Apr 20, 2007 03:22 PM
Yes EL will be exempt from tax as was held in CIT V. R. V . Sahney (1986) 159 ITR 160, voluntary retirement from service is one such case which comes within the four corners of the expression " otherwise than superannuation"
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The above message is part of the Discussion Board:
All these incomes are tax-free