If the employee receives retirement gratuity from more than one employer, he can claim exemption in respect of .

Question

Quizplus · Accepted Answer

An employee can claim exemption for retirement gratuity received from both the current and previous employers. The exemption is not limited to one employer but can be claimed for gratuity received from each employer in accordance with the provisions of the applicable tax laws.

If the Employee Receives Retirement Gratuity from More Than One