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Taxability of interest received on late payment of gratuity

Tax queries 458 views 1 replies

What is the taxability of interest received on delayed payment of gratuity in the hands of a government employee ? If it is taxable then under what head of income?

Also explain how the taxability would be different if the assessee was a non government employee.

Replies (1)

For all the employees the interest received will be taxable under head IFOS.


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