The maximum amount of any death-cum-retirement gratuity received by an employee not covered under the payment of Gratuity Act, 1972 on Superannuation from the employer exempt from tax is of __________ .
CS Executive · Tax Laws · PYQS · December 2019
The maximum amount of any death-cum-retirement gratuity received by an employee not covered under the payment of Gratuity Act, 1972 on Superannuation from the employer exempt from tax is of __________ .
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Income Tax Act, 1961
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