Income tax exemption u/s 10 for gratuity payment

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    SABYASACHI New Member

    Recently I retired from a company where as an establishment every body is covered by gratuity act, but the method of payment is as per company’s own scheme and the same is of course more beneficial to the retired staff. In such case , while computing non-taxable portion of gratuity which section of Income Tax Act to be considered - section 10(10)(ii) or section 10(10)(iii))
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