Gratuity Receipt is taxable?

raj (Querist) 09 June 2009 This query is : Resolved
I received my gratuity payment in my a/c through my previous employer on 31st march 2009. Is it taxable? & If yes ,can I deposit the tax on it without attracting any penalty? & till when.

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A V Vishal (Expert) 09 June 2009
Dear Raj

Where were you employed and how much did you receive as gratuity? You get benefit under income tax act u/s.10(10)

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