Taxability of Ex gratia Payment received.

Is Exgratia Payment Received amounting to Rs. 26 Lakhs by a private sector employee at the time of retirement Taxable?

 

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Refer:: https://assets.kpmg.com/content/dam/kpmg/pdf/2016/02/KPMG-Flash-News-Arunbhai-R-Naik-1.pdf

 

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