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Income Tax - Highlights / Catch Notes

Home Highlights June 2017 Year 2017 This

Denial of exemption u/s 10(10) - Once a case falls under clause ...


Exemption Denied: Gratuity and Leave Encashment Must Qualify Under Clause (i) of Section 10(10), Not Clause (iii).

June 3, 2017

Case Laws     Income Tax     AT

Denial of exemption u/s 10(10) - Once a case falls under clause (i) of section 10(10), the same cannot be brought within the purview of clause (iii) of section 10(10) - gratuity amount received and arrears of leave encasement exempted - AT

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