Graduity limit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 September 2010
What will be maximum exemption in case of gratuity,350000 or10 Lakhs, in November 2010 CA Exam.
21 September 2010
Rs 10 Lakhs
21 September 2010
Corresponding amendment in section 10(10)(iii) has been made vide CBDT Notification No.43/2010 dated 11/06/2010. In view of the six months gap, this amendment is not applicable for November 2010 CA examination.
21 September 2010
Sorry i thought November 2010 and not November 2010 CA examination.
21 September 2010
Agree, Rs.350000/- limit will be applicable in nov.2010 exms.
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