Tax treatment of surrender value of Superannuation fund (LIC's Group Gratuity plan)

abilashvb (student) (48 Points)

23 February 2018  
we received surrender value of gratuity of fund created for Employees(on closure of scheme)
how to treat the same in income tax

on the light of 10(25) (iii) any income received by the trustees on behalf of a recognised superannuation fund.