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.

07 October 2014 Hi

Exemption is available against gratuity so earned..




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