GST Library
Subscription
GST News
GST Videos
GST Calendar
GST Case Laws
GST Notifications
GST Act / Rules
GST Rates
GST Set-off Calculator
GST Forms
Full Site Search
Classification by CTA
E-way Bill
Finance Bill

GST e-Books
GST Act & Rules
GST Rates Compendium
Classification by CTA

TaxReply India Pvt Ltd.
TM
Free GST updates via...
twitter
8130462634

Post your Query? (Free)
View all Queries? (Free)
Have a written opinion? (Paid)

TDS on Ex-gratia if received in parts


Whether exemption u/s 10(10C) can be claimed proportionately in different Financial Year.
Suppose Mr. X received Rs 400000 in F.Y. 2019-20 as 1st installment of Ex-gratia. In next year i.e. F.Y. 2020-21, suppose he received his second installment of Rs 500000 whether he can claim balance Rs 100000 in current F.Y. as exemption u/s 10(10C). or he will loose his Rs 100000 exemption.

By: HARISH CHAND



891761