CCI Online Learning
What do you want to learn today?
     
CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Taxability of ex gratia payment

This query is : Resolved 

a person taken voluntary retirement and received Rs.750000 as ex gratia payment.
the employer has deducted TDS on the same saying it can be taken as refund.
Under which head Exemption can be claimed ??
Can 10(10C) be taken in consideration but its limited to 5lakhs.
Any other section for exemption section?


10(10C) be taken in consideration up to 5 lakhs exemption. No other exemption available.


You need to be the querist or approved CAclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :





Trending Tags
GST Live Class    |    x