Tag Archives: Section 10(10)(iii)

Retirement includes resignation in section 10(10AA) and 10(10)(iii)

By | September 7, 2015

Retirement includes resignation Q Whether  per the provisions of section 10(10AA)(ii ) (Leave Encashment) and section 10(10)(iii) (Gratuity) the exemption is available only on retirement and not on resignation ? Both “retirement” and “resignation” result in the conclusion of the service career. In fact resignation from service is also one of the modes of retirement… Read More »