CA Day celebration 2024 Easy Office
LCI Learning

Tax liability for Ex-Gratia payment

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
28 September 2010 I would like to know what will be the tax liability for ex gratia payment to an employee? Is it taxable ? If yes @what rate?
Profile Image

k c joseph varghese

Profile Image

k c joseph varghese (Expert)
29 September 2010 it is taxable in the hands of the employee at normal slab rates

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links