Tax liability of salaried paerson f,y. 2014-15
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 December 2015
One of My Client received Following Sum on his Retirement
1. Gratuity Rs 200000
2. PF Rs 1400000
3. Leave Encashment Rs 250000
He is State Govt Employess
I want to Know Whether he is Exempted From Tax on above receipts or liable to Tax
1. Gratuity Rs 200000
2. PF Rs 1400000
3. Leave Encashment Rs 250000
He is State Govt Employess
I want to Know Whether he is Exempted From Tax on above receipts or liable to Tax
CA PARAS BAFNA
(Expert)
30 December 2015
These receipts are exempt in the case of a government employee.
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