Dear Members,
How many times an employee can get tax exemption on gratuity ?
Example No.1 an employee got gratutity of 10 lac and got exempton, can also get exemption from second employer on gratuity ?
Example No. 2, an employee got gratuity 4lac from one employer, 5lac from second employer and 3lac from third employer, how will he get tax exemption, total gratuity is 12lac (will get exemption from all employer or from first employer or 9lac from first two and one lac from third )?
Kindly provide your valuable comments.
Regards,
How many times an employee can get tax exemption on gratuity ?
Example No.1 an employee got gratutity of 10 lac and got exempton, can also get exemption from second employer on gratuity ?
Example No. 2, an employee got gratuity 4lac from one employer, 5lac from second employer and 3lac from third employer, how will he get tax exemption, total gratuity is 12lac (will get exemption from all employer or from first employer or 9lac from first two and one lac from third )?
Kindly provide your valuable comments.
Regards,