Ex-Gratia Payment Received

Can anybody please tell me the tax treatment of ex-gratia payment received by an employee of Pvt. Ltd. Company on account of winding up of company ?
AND
Whether any benefit is allowed under the act?
Replies (4)
Quick Summary
This discussion clarifies the tax implications of receiving an ex-gratia payment from a private limited company that is winding up. The consensus is that such payments are treated as normal income under the salary head for tax purposes. No specific benefits under the Act are mentioned as being applicable in this scenario.

No it will be treated as normal income under salary only
It will be treated as a part of salary income
Thank You Sir
Your welcome

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