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Example:-Mr. X received retrenchment compensation of ₹ 10,00,000 after 30 years 4 months of service. At the time of retrenchment, he was drawing basic salary ₹ 20,000 p.m.; dearness allowance ₹ 5,000 p.m. Compute his taxable retrenchment compensation.

Dated:- 10-8-2015 - Chapter No. 06 - Salary - Retrenchment Compensation - [Sec. 10(10B)] The least of the following shal .....

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