Gratuity received from foreign employwe
This query is : Resolved
shirish kulkarni
(Querist)
08 January 2019
1. ASSESS WAS EMPLOYED ABROAD AND WAS NON RESIDEND FOR A Y 2018-19
2. HE RETURNED INDIA IN JUNE 2018 AND IS RESIDENT NOW
3. HE RECEIVED GRATUITY FROM FOREIGN EMPLOYER IN MAY 2018 @ 21 DAYS FOR EACH YEAR
4. THERE WAS NO TAX ON INCOME AT ABROAD
MY QUESTION IS WHETHER HE CAN CLAIM BENEFIT OF SECTION 10 ( 10 ) (iii ) AND CLAIM GRATUITY EXEMPT @ 15 DAYS FOR EACH YEAR
THERE IS NO MENTION OF PAYMENT OF GRATUITY ACT IN SEC 10 (10 ) (iii) – WHICH REFERES ONLY GRATUITY FROM OTHER EMPLOYEEE
S M KULKARNI
smkaudi@vsnl.net
1. ASSESS WAS EMPLOYED ABROAD AND WAS NON RESIDEND FOR A Y 2018-19
2. HE RETURNED INDIA IN JUNE 2018 AND IS RESIDENT NOW
3. HE RECEIVED GRATUITY FROM FOREIGN EMPLOYER IN MAY 2018 @ 21 DAYS FOR EACH YEAR
4. THERE WAS NO TAX ON INCOME AT ABROAD
MY QUESTION IS WHETHER HE CAN CLAIM BENEFIT OF SECTION 10 ( 10 ) (iii ) AND CLAIM GRATUITY EXEMPT @ 15 DAYS FOR EACH YEAR
THERE IS NO MENTION OF PAYMENT OF GRATUITY ACT IN SEC 10 (10 ) (iii) – WHICH REFERES ONLY GRATUITY FROM OTHER EMPLOYEEE
S M KULKARNI
smkaudi@vsnl.net
CA R SEETHARAMAN
(Expert)
09 January 2019
Yes he can claim exemption of 15 days for each year.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Query on effect of registration of property
- Visiting card purchase
- Wrong CMPo8 file
- Additional trade name
- Number of years as per AS amortisation of Goodwill
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Equity Share Sale and Purchase
- Whether output tax is taken credit by purchaser
- Foriegn assets disclosure
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
