Question

2. Mr Sovan Sarkar retired from M/s Aujha Ltd. After completing service of 34 years 11 months on 30
June 2019. He received Rs 9,00,000 as gratuity in July 2019. His basic Pay was Rs 33,600/- p.m, and
dearness Allowance as per terms of employment was 25% of basic pay. His annual increment falls due
every year on-1' January @ Rs 1,200 p.m.
The amount of Gratuity exempt u/s 10(10) of the Income Tax Act will be -
Answer:
a) Nil
b) Rs 9,00,000/-
c) Rs 8,48,077/-
d) Rs 10,00,000/-
INATE​

Answer 1

OPTION [ B] 8,48,O77 ] IS THE ANSWER OF YOUR QUESTION. I'M SURE. PLEASE MARK ME AS BRAINLIEST PLEASE.........

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