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Providand fund

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(Querist)
15 March 2012 Dear Sir This i resign from x copmany & i got gratuity of Rs. 17000/- & P.F.of Rs. 75000/- than this both amount is exempted or taxable
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Dintakurthi Tirumala

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Dintakurthi Tirumala (Expert)
15 March 2012 Allowances received at the time of termination of employer and employee relation ship(i.e leaving of Job from that employer) is exempted. So it is exempted.
OM SAI SRI SAI JAI JAI SAI
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SAMIR DESAI

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SAMIR DESAI (Querist)
15 March 2012 thank u sir
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