TMI BlogTime period - payment of gratuityX X X X Extracts X X X X X X X X Extracts X X X X ..... Is gratuity paid on completion of 2 years of service entirely taxable, if no what is the amount of exemption. The company is not covered under the payment of grautity act. - Reply By Rama Krishana - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The Reply = Section 10(10) of the income tax act, does not provide any specific minimum period to be served for getting entitlement of exemption in case of gratuity. Once the person is getting gratuit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y at time of retirement, death etc. he is eligible for exemption. But if he is getting gratuity during the tenure or continuance of employment, he can not avail the benefit. - Time period - payment o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f gratuity - Query Started By: - Rahul Bagaria Dated:- 8-7-2009 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Managemen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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