Tax on gratuity and epf received

SSD_18 (Student) (42 Points)

27 June 2018  

Hi All!!

Could you please help me with the below: for AY 2018-19

1> EPF Received on leaving a company after serving more than 5 years is not taxable. No TDS. Also, it is not necessary to show this amount in the ITR. Please correct me if I am wrong.

2> Is Gratuity received on leaving the company after serving more than 5 years is not taxable??

Answers would be appreciated

 

Thanks & Regards