The user received gratuity from a previous employer in April 2019 and has since joined a new company without gratuity provisions. They are seeking clarification on whether the Section 10(10) exemption of 20 Lakhs on gratuity receipt is applicable during job changes and if the amount is taxable. The response confirms that the exemption is indeed available even when changing jobs.
06 January 2020
I received Gratuity from my previous company at the time of my resignation, in April 2019. I joined a new company which does not have gratuity provisions. Under Section 10(10) i there is an exemption of 20L on gratuity receipt. Is this applicable during job changes also? Or Is the amount taxable at my hand? Please clarify.