Gratuity from a private company under LIC group master policy scheme
This query is : Resolved
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13 July 2023
Dear sir
I retired last year from a private company after working for 11 years. Company had taken a group master policy for gratuity payment with LIC.
So i received gratuity amount cheque from my company but they were paid by LIC for same.
In which schedule of ITR I can show that amount and i suppose it is Tax free.
Thanks to you all for advising.
I retired last year from a private company after working for 11 years. Company had taken a group master policy for gratuity payment with LIC.
So i received gratuity amount cheque from my company but they were paid by LIC for same.
In which schedule of ITR I can show that amount and i suppose it is Tax free.
Thanks to you all for advising.
13 July 2023
Show it in exempt income schedule.
16 July 2023
THANKS A LOT SHRI SEETHARAMAN. FOR ADVISING. YOU ARE HELPING A LOT. NAMASKAAR
17 July 2023
You are welcome...
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