An employee of PSU retired on 31/01/2010, he got his gratuity in two parts .one in A.y. 2010-11(Rs.5,00,000) on 30/03/2010 & other in A.y 2011-12(Rs.250000) on 25/5/2010 due to 6th pay commission.
what will be the tax liability of that person regarding the gratuity.
no tax liablity
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