GS have had a detailed discussion with CMD/BSNL
regarding deduction of TDS arbitrarily on ex-gratia according to the old tax regime. GS explained to him the entire background of the issue and also about legitimate right of VRS optees to exercise their option for deduction of TDS on ex-gratia which has been blatantly denied to them in defiance of the Finance bill 2020 which has been approved by the Parliament.
Also informed him that Sr GM( Taxation) is fully of the view that VRS optees need to be given an option to exercise their legitimate right regarding TDS deduction on ex gratia while making them final payment of exgratia. Also informed CMD about unjustified, unreasonable and stubborn attitude of the Director ( Finance) in not issuing fresh instructions to the field units regarding exercising of option for TDS deduction at the time of making the final payment of ex gratia.
CMD , after a very patient hearing of the entire issue, fully assured that he would get the entire issue reexamined and would decide keeping in view legitimate right of VRS optees regarding TDS deduction at the time of final payment of ex-gratia.