22 June 2020
Dear sir, I have one doubt regarding gratuity exemption. In our organisation some of employees are joined in middle of the year and submitted form 12B of previous company for computation of tax liability on estimation/actual basis, and that employees also received gratuity . At the time of full and final settlement of employee in previous company gratuity exemption also claimed under sec 10(10A).whether exemption claimed is correct or not before retirement or death.
23 June 2020
Even resignation from an organisation is eligible for gratuity & Exemption is available on the amount received as gratuity.
It is subjected to ceiling stated in the section
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