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Layoffs and Voluntary Retirements: Income Tax Implications that You need to Know
To meet soaring costs and high-interest rates, companies are forced to undertake coercive measures such as layoffs, retrenchments and issue of...
![Amount Paid to Ex-employee to Avoid Litigation is not ‘Profit in Lieu of Salary’: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Amount Paid to Ex-employee to Avoid Litigation is not ‘Profit in Lieu of Salary’: ITAT Mumbai [Read Order]")