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Is Income Tax Exemption Possible for Ex-Gratia or Voluntary Retirement Payments? Seeking Advice


Exemption of income tax on ex-gratia in settelement with employee or payment to employee on voluntary retirement scheme please advice us
From India, Mumbai
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Dear Dattabairagi, As per Sec 10 (10C) of the Income Tax Act, an amount up to Rs. 5,00,000/- is exempted from tax deduction towards the VR compensation. Abbas.P.S
From India, Bangalore
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Related Files & Downloads Shared By Members
 Circular No 1-2018 Processing of income-tax returns under section 143(1) of the Income-tax Act .pdf
 Income Tax Calculator.xls
 Income Tax Calculator.xls


Human Resource Management (HRM) Community Journal & KnowledgeBase (Entry: 546037)

India, Thane
05 December 2015 10.36.23 AM
Views: 4619 Replies: 1 Appreciations: 1

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