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Man’s VRS Rs 65.21 lakh payout taxed as salary; ITAT Pune says it is capital receipt

Times of india·7 Oct 2026
Man’s VRS Rs 65.21 lakh payout taxed as salary; ITAT Pune says it is capital receipt

The man had been employed in Aurangabad. During FY 2018-19, his employer shut down its Aurangabad plant and introduced a financial scheme for its employees. The man opted for voluntary retirement…

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