Tax on ex-gratia
This query is : Resolved
29 July 2023
Hi,
I was laid-off from my IT job. I received severance package. This also included ex-gratia of amount 1.5 Lakhs. Is this ex-gratia tax exempted. If yes then in which article can i exempt it from
I was laid-off from my IT job. I received severance package. This also included ex-gratia of amount 1.5 Lakhs. Is this ex-gratia tax exempted. If yes then in which article can i exempt it from
30 July 2023
It's taxable TDS might have been deducted on it.
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