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Time period - payment of gratuity

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..... Time period - payment of gratuity
Query (Issue) Started By: - Rahul Bagaria Dated:- 8-7-2009 Last Reply Date:- 10-7-2009 Income Tax
Got 1 Reply
Income Tax
Is gratuity paid on completion o .....

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..... f 2 years of service entirely taxable, if no what is the amount of exemption. The company is not covered under the payment of grautity act. Reply By Rama Krishana: The Reply: Section 10(10) of the in .....

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..... come tax act, does not provide any specific minimum period to be served for getting entitlement of exemption in case of gratuity. Once the person is getting gratuity at time of retirement, death etc. .....

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..... he is eligible for exemption. But if he is getting gratuity during the tenure or continuance of employment, he can not avail the benefit.
Discussion Forum - Knowledge Sharing .....

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