https://www.taxtmi.com/caselaws?id=58089 Gratuity exemption under section 10(10) applies only to an employee whose salary can be computed under the statutory formula; a Life Insurance Corporation agent paid by commission and treated separately from employees does not satisfy that condition, so the gratuity remained taxable. The Life Insurance Corporation of India (Agents) Regulations, 1972 were part of the relevant material for determining the assessee's status and did not constitute fresh material requiring a further opportunity of hearing before the Income-tax Officer. The exemption claim therefore failed, and the objection based on alleged new material was rejected. en-us Tue, 14 Apr 1987 00:00:00 +0530 Fri, 17 Dec 2010 12:48:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58089 Gratuity exemption under section 10(10) applies only to an employee whose salary can be computed under the statutory formula; a Life Insurance Corporation agent paid by commission and treated separately from employees does not satisfy that condition, so the gratuity remained taxable. The Life Insurance Corporation of India (Agents) Regulations, 1972 were part of the relevant material for determining the assessee's status and did not constitute fresh material requiring a further opportunity of hearing before the Income-tax Officer. The exemption claim therefore failed, and the objection based on alleged new material was rejected. Case-Laws Income Tax Tue, 14 Apr 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58089