one of my client received gratuity from fomer employers in the year 2013-14 rs.400000/-. he resigned from the job in 2013 and started his own business. He did not retire but he resigned.
whether this is taxable or exempt ?
one of my client received gratuity from fomer employers in the year 2013-14 rs.400000/-. he resigned from the job in 2013 and started his own business. He did not retire but he resigned.
whether this is taxable or exempt ?
Even if you resign gratuity is exempted.
Least of the following is exempted:-
a) Actual gratuity received
b) 15 days Basic and DA for each completed year of service.
c) Rs 10 lakh
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
CAclubindia
