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niranjan

Exempt Gratuity Income u/s 10...
sir i have a question. my brother was retired on 30/11/2017 he has received gratuity rs 20 lakhs but in form 16 only 10 lakhs amount was exempted from tax, can he clame tax exemption on another 10 lakhs or not. kindly ans me as soon as possible
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Amlan Dutta
At the time of receipt of gratuity the revision of Gratuity was not in place and therefore the assessee doesn't qualify for gratuity exemption of 20 lakhs .
  • July 27, 2018
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