The Rajasthan High Court In a writ petition filed by a senior citizen seeking condonation of delay in filing Income Tax Returns ( ITR ), condoned the delay stating the real hurdle performed via the taxpayer who is a senior citizen. The taxpayer, Padam Raj Bhandari, is an insurance surveyor and senior citizen who filed an application on May 12, 2016, asking for the condonation of delay under section 119(2)(b) of the Income Tax Act, 1961 to claim an income tax refund for the AY 2009-10 to 2014-15. The applicant…
Tag: age
Air India offers cash incentives, lowers eligibility age to encourage employees to retire voluntarily
[ad_1] In a bid to encourage a significant section of its employees to retire voluntarily, Air India on Wednesday lowered the eligibility age from 55 to 40 and announced a cash incentive. After successfully winning the bid for the airline on October 8 last year, the Tata group took over control of Air India on January 27.Since April, the airline’s chairman N Chandrasekaran has replaced the airline’s top management, bringing in senior and mid-level executives who have worked in other Tata group companies such as Tata Steel and expand. In…