Gratuity and PF amount taxable?
by Prashant on Apr 23, 2007 09:33 AM Permalink | Hide replies

I received a gratuity of Rs. 44000 and EPF of Rs. 161000 after I quit the organisation after serving 8 years. Does this amount is taxable?

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RE:Gratuity and PF amount taxable?
by Amitabh on Apr 23, 2007 10:47 AM Permalink
No,if the amount is within the limits as laid down in the Income Tax Act.

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