Example:- X, an employee of Central Govt., receives 9,20,000 as gratuity at the time of his retirement on 31st December, 2014. Is gratuity fully exempt from tax? Does it makes any difference if he joins a company in the private sector on 11th January, 2015?

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s a company in the private sector on 11th January, 2015?<br>Salary - Gratuity - [Sec. 10(10)] Income Tax – Salary<br>Income Tax<br>Manuals<br>Dated:- 10-8-2015<br>Chapter No. 03 - Salary - Gratuity ....