Gratuity to Railway Employee

162 views
User Avatar

NAC
19 Points Posted on 12 July 2020
Sir.
Whether gratuity 38 lacs received by Railway employee is taxable or exempt??
2 Reply Share Follow
On 12 July 2020 at 05:57 Report
Replies (4)
Quick Summary
This discussion clarifies whether gratuity payments received by railway employees are subject to tax. It confirms that for government employees, the entire gratuity amount is exempt from tax under Section 10(10). This information is particularly helpful for those filing Income Tax Return 1 (ITR 1).

User Avatar

CA Student
15932 Points Posted on 12 July 2020

u/s 10(10), entire amount is exempt for government employees.

Reply
On 12 July 2020 at 11:22
User Avatar

NAC
19 Points Posted on 12 July 2020
Now i m going to file ITR 1 ...so are u sure about that ???
Reply
On 12 July 2020 at 15:10
User Avatar

Tax and Business Consultant
11616 Points Posted on 23 July 2020
Yes, for Goverment employees entire gratuity amount is exempt.
Reply
On 23 July 2020 at 10:24
User Avatar

NAC
19 Points Posted on 23 July 2020
Thnks alot bhai
Reply
On 23 July 2020 at 11:51

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Can a virtual office in Mumbai be used for company
  2. Eway and e invoicing in condition where 4 party ar
  3. Bank balance in ITR-3
  4. INCLUDING PROFITS FROM REIT / INVIT IN SHARE TRADI
  5. Tempsens Instruments IPO GMP Allotment Listing dat
  6. Upload Type - Correction. Not showing in TDS filli
  7. Partnership tax audit query
  8. ERROR SHOWING PARTNER REMUNERATION ITR 3 TIME OF V
  9. Form 146 foreign remittance us citizen
  10. GST 16(2) notice

More recent discussions | Post

Related Topics :

Loading