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

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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 e...

Man’s VRS Rs 65.21 lakh payout taxed as salary; ITAT Pune says it is capital receipt
Photo: The Times of India

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