Taxation

6. Mr. Vinayaka received Rs, 6,00,000 on his retirement on 30.9 .2021 as gratuity from his employer with whom he served for 29 years and 7 months. His salary during calendar year 2020 was Rs. 20,000 and during 2021 was Rs. 24,000 and it is due on In of every month. Ho had worked earlier with a company for 6 years and received Rs, 9,20,000 as gratuity which was fully exempted. Compute taxable Gratuity amount in each of the following cases: - He is Gove. Employee. - He in working in a Private Company (covered under the payment of Gratuity Act). - He is working in a Commercial office at Delhi. (not covered under the payment of Oratuity Act)