KULDEEP SINGH,CHANDIGARH vs. INCOME TAX OFFICER WARD 5(5) , CHNADIGARH
IN THE INCOME TAX APPELLATE TRIBUNAL
BENCH ‘SMC’, CHANDIGARH
BEFORE HON’BLE SHRI LALIET KUMAR, JM
AND HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM
आयकरअपील सं. / ITA No. 1051/CHANDI/2024
(िनधाŊरणवषŊ / Assessment Year: 2021-22)
Shri Kuldeep Singh
H.No 34-D Sector 30B
Chandigarh 160030
बनाम/
Vs.
ITO Ward No 5(5)
Aaykar Bhawan Sector 178
Chandigarh 160017
̾थायीलेखासं./जीआइआरसं./PAN/GIR No. AFDPS-0430-C
(अपीलाथŎ/Appellant)
:
(ŮȑथŎ / Respondent)
अपीलाथŎकीओरसे/ Appellant by : Shri Ajay Jain (CA) – Ld. AR
ŮȑथŎकीओरसे/Respondent by :
Shri Vivek Vardhan (Addl. CIT) – Ld. Sr. DR
सुनवाईकीतारीख/Date of Hearing
: 23-04-2025
घोषणाकीतारीख /Date of Pronouncement : 20-05-2025
आदेश / O R D E R
Manoj Kumar Aggarwal (Accountant Member)
This appeal was heard on 23-04-2025 on the issue of deduction u/s 10(10B) as claimed by the assessee for Rs.28.23 Lacs which was restricted to Rs.5 Lacs by lower authorities. The impugned amount was received by the assessee upon transfer from DOT, Govt. of India to BSNL with effect from 01-01-2000. The assessee claimed that it was retrenchment compensation but Ld. CIT(A) held that it was case of voluntary retirement. 2. The Ld. AR, subsequently, placed on record rectification order passed by NFAC u/s 154 r.w.s. 250 of the Act on 12-11-2024 wherein this ground has been allowed in favor of the assessee. Accordingly, the grievance of the assessee has already been settled at the first appellate level. This being so, the present appeal has been rendered infructuous. 3. The appeal stand dismissed as infructuous. Order pronounced on 20-05-2025. d/-
(LALIET KUMAR) (MANOJ KUMAR AGGARWAL)
JUDICIAL MEMBER ACCOUNTANT MEMBER
Dated : 20-05-2025. आदेश की Ůितिलिप अŤेिषत / Copy of the Order forwarded to :
1. अपीलाथŎ/Appellant
2. ŮȑथŎ/Respondent
3. आयकरआयुƅ/CIT
4. िवभागीयŮितिनिध/DR
5. गाडŊफाईल/GF