Severance compensation constitutes ‘profits in lieu of salary’, not capital receipts, under amended Section 17(3)(iii)

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CA DR VINAY MITTAL
29/11/2025  |  0 COMMENTS  |  VISITOR'S COUNT: 1004
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Severance compensation constitutes ‘profits in lieu of salary’, not capital receipts, under amended Section 17(3)(iii)Hyderabad ITAT holds that the severance compensation of Rs. 26,97,912/- received by the Assessee i...