Hi
I have received an ex-gratia compensation on termination of my employment (Basic salary x 30 times) as part of my settlement due to office closure. What is the relief available to me under section 89(1). How can I claim the same in QUICKO under this?
Thanks
@Kaushal_Soni Hi Can you please answer my query.
This amount is taxable as the payment is voluntary in nature and no relief u/s 89(1) as it is not arrear amount received.