Contact us   Feedback   Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Retrenchment Compensation - Sec. 10(10B)

Income Tax - Salary Income - 06 - RETRENCHMENT COMPENSATION [Sec. 10(10B)] Retrenchment compensation received by an assessee shall be exempt of the least amount from the following: (i) an amount calculated in accordance with the provisions of clause (b) of section 25F of the Industrial Disputes Act, 1947 (14 of 1947)1 ; or (ii) such amount, (not being less than ₹ 50,000), as notified by the Central Government (amount notified by the Government is ₹ 500,000 if a worker is retrenched a .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version