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what is meant by Government employee for income tax act ? - Income TaxExtract one of my client is reitred employee of MSEDCL.(Mah state electricity developement corporation). He received gratuity of ₹ 30 lakh. Can he take exemption of entire amount of gratuity received u/s 10(10) on the ground Government employee. MSEDCL is State Govt owned company . Can the employee of Government company be treated as government employee ? further u/s 21(b) of Indian penal code defines Govt employee as employee of Govt company is govt employee. Can we take this as concrete base during the assessment proceedings.?
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