MSME Certified Income Tax Live Batch to commence from 25th January 2022. Limited Seats. Register Now!!

taskopad

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

govt. employees for income tax purpose

This query is : Resolved 

22 July 2015 A person who has retired from Nationalised bank. For the purpose of calculation of Income tax on gratuity do we have to consider him a GOVT. EMPLOYEE or not as this consideration creates huge distinction in taxability.


22 July 2015 Income tax on Gratuity is exempted for Nationalized bank, it is as per Gratuity Act. Bank employees are not Govt. employees.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


Similar Resolved Queries


loading





expand_less