Superannuation Settlement – Is Superannuation Settlement taxable in the hands of the receiver when he/she resigns from the job and received the settlement from last employer?
Muthukumar Ramalingam (Director) (49 Points)
21 January 2010Superannuation Settlement – Is Superannuation Settlement taxable in the hands of the receiver when he/she resigns from the job and received the settlement from last employer?
CA.G.Muguntha Narayanan
(Internal Auditor at TVS Motors)
(2195 Points)
Replied 22 January 2010
Hi muthu,
its taxable in the hands of the employee
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