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Gratuity payment

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 October 2014 "A" has completed 4 years of service in proprietory firm.
Proprietor expired and employee received Gratuity on closure of propreitory firm.
Is this gratuity taxable in the hand of employee.
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@VaibhavJ

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@VaibhavJ (Expert)
07 October 2014 Hi

Exemption is available against gratuity so earned..

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