Hi,
A person employed in Central Government(Delhi) died during service and his/her legal heirs are getting Ex-Gratia Payment. Whether the amount received is Taxable or not.
Menu
Ex-gratia payment is taxable?
Replies (1)
No, Amount received in lumpsum on the death of employee is not taxable to income tax
as per circular no. 573 dt. 21.08.1990
Recent Topics :
- TDS applicability of foreign remittance to Oracle
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
Related Topics :
CAclubindia
