I want to know whether arrears gratuity received in 2010-2011 by an state bank employee is exempt?? If no then what is the tax treatment for that arrears sum.I also want to know what exemption limit will be applicable for that employee 350000 or 1000000..
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tax treatment of arrears of gratuity
Replies (2)
sbi is govt undertaking, so no limit for graduity, its tax free
| Originally posted by : U S Sharma | ||
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sbi is govt undertaking, so no limit for graduity, its tax free |
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