Assertion: gratuity | /r/HasProperty | taxable
Facets:
value: under the head
type: LOCATION
value: in the hands of the assessee
type: LOCATION
value: from other sources
type: OTHER
value: in the hands of employee
type: LOCATION
value: as salary income
type: OTHER
Source sentences:
text: Gratuity received by Employee/nominee/legal heir : Taxable under what ‘head’ of income tax?
text: The gratuity so received by the employee is taxable under the head ‘Income from salary’.
text: Is gratuity taxable?
text: Answer: Yes, gratuity received by an employee is taxable as salary income.
text: Is Gratuity taxable?
text: Gratuity received by an employee on his retirement is taxable under the head "Salary" and gratuity received by the legal heir is taxable under the head" Income from Other Sources".
text: Gratuity received by an employee on his retirement is taxable under the head "Salary" and gratuity received by the legal heir is taxable under the head" Income from Other Sources".
text: Gratuity received by the employee’s legal heir will be taxable under the head “Income received from other sources”.
text: Is gratuity taxable?
text: In case the employee is covered under gratuity act 1972, the least of the followings will be exempted and gratuity in excess of the exemption limit will be taxable in the hands of employee.
text: Gratuity received by an employee on his retirement is taxable under the head
text: Salary” and gratuity received by the legal heir is taxable under the head” Income from Other Sources”.
text: Thus, gratuity in excess of the above limits is taxable in the hands of the assessee.
text: Gratuity in excess of the aforesaid limits is taxable in the hands of the assessee.
text: Gratuity in excess of the aforesaid limits is taxable in the hands of the assessee.
text: Gratuity received by the legal heir is taxable under the head Income from Other Sources.