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please answer fasr 13. Mr. X has died on 15.12.2020 while in service. Mrs. X received the following from the company on 10.3.2021- 1. Gratuity
please answer fasr
13. Mr. X has died on 15.12.2020 while in service. Mrs. X received the following from the company on 10.3.2021- 1. Gratuity of * 25,00,000 (falls due after death) 2. Leave Salary of 3,00,000 3. Pension of * 20,000 p.m Discuss the taxability. The employee is covered under the payment of Gratuity ActStep by Step Solution
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, George Foster, Srikant M. Datar
10th International Edition
0130851779, 978-0130851772
