Lump Sum out-of-court Employee settlement and its Tax implications!

CA Aman Rajput , Last updated: 30 April 2024  
  Share


Have you ever thought that if you, as an employee, receive a lump sum from your employer on account of an out-of-court settlement, will it be taxable as your salary income? In India, having hundreds of sections on income tax can sometimes make this act complex and bring out some difficulty to gra

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)

CCI Pro

Published by

CA Aman Rajput
(Chartered Accountant)
Category Income Tax   Report

  451 Views

Comments


Related Articles


Loading


Popular Articles




CCI Pro
Follow us

CCI Articles

submit article