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Gratuity


kewal krishan kapoor (Retired bank officer)     10 January 2019

kewal krishan kapoor
Retired bank officer 
 32 points

| My Other Post

I got retired from a nationalised bank on 31.10.2017.  I received a gratuity amount of Rs.14.50 lacs.  As per the income tax

rules prevailing at that time, the gratuity beyond Rs.10.00 lacs (i.e., Rs.4.50 lacs) was taxed.  Now since the notification dated

29.3.2018 increased this exemption limit to Rs.20 lacs, am I eligible to claim the refund of tax paid by me on Rs.4.50 lacs?

avater

Dhirajlal Rambhia (KVO Merau Kutchh)     10 January 2019

Dhirajlal Rambhia
KVO Merau Kutchh 
 9222 likes  93315 points

View Profile | My Other Post

No

 


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