Regarding exemption of gratuity amount

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dadasd
23 Points Posted on 03 November 2020
a state govt employee retired from his job and received gratuity of ₹68 lakh which is fully exempt u/s 10(10) but in income tax utility there is an error showing that only 20lack is exempt
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On 03 November 2020 at 11:02 Report
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Quick Summary
A state government employee has retired and received a gratuity of ₹68 lakh. While this amount is fully exempt from tax under Section 10(10) of the Income Tax Act, the tax utility is incorrectly showing only ₹20 lakh as exempt. This discussion aims to clarify the exemption rules for government employees' gratuity.

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Tax consultant
5895 Points Posted on 03 November 2020
Company name??
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On 03 November 2020 at 23:45
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dadasd
23 Points Posted on 04 November 2020
State govt employee
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On 04 November 2020 at 20:18

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