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Gratuity

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(Querist)
31 March 2016 is gratuity received taxable to an Pvt Ltd CO employee ,if he is leaving the job an going to abroad for job
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
01 April 2016 It is not taxable provided the gratuity is paid as per the provisions of Gratuity Act.
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
01 April 2016 Gratuity is exempt if is paid in accordance with Gratuity Act 1972.
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Anita Kulkarni

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Anita Kulkarni (Querist)
01 April 2016 but gratuity received after retirement is exempt na and gratuity received during employment is taxable ?
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Saket Jain

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Saket Jain (Expert)
12 April 2016 Yes. Exempt if received after retirement/ resignation/ termination etc upto limit specified as per section 10(10)

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