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What would be the taxable amount on gratuity received by Jogen, if he would retired from an organization where employees are not covered under Gratuity Act?

Section C (4 Mark)

Read the senario and answer to the question.

What would be the taxable amount on gratuity received by Jogen, if he would retired from an organization where employees are not covered under Gratuity Act?
A . Rs. 75,000
B . Rs. 3,50,000
C . Rs. Nil
D . Rs. 69,300

Answer: A

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