Fwd: Ex gratia details not taxable

[T R Kartik]

FYI & NA.

Thanking You,

Yours,

Ramakrishnan

---------- Forwarded message ---------
From: T R Kartik <karti...@gmail.com>
Date: Tue, Mar 26, 2024 at 12:06 PM
Subject: Ex gratia details not taxable
To: T R Kartik <karti...@gmail.com>

Ex gratia payments are not taxable in India unless they are made in lieu of salary or wages. The amount of the payment is not limited, but it is generally based on the individual's or group's needs and circumstances.

[kds nair]

All payments including payment of ex gratia are taxable.If taxable income is within the permissible limit,no tax is payable.Ex gratia is not exempted from I. Tax.

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[Kalyanasundaram Subramaniam]

Mr KDS Nair

Please go through the following materials. 

https://assets.kpmg.com/content/dam/kpmg/pdf/2016/02/KPMG-Flash-News-Arunbhai-R-Naik-1.pdf

https://economictimes.indiatimes.com/e/ex-gratia-payment/profileshow/92716653.cms

What is the basis for your statement that all payments are taxable (including ex-gratia)? Please share any material you have on the above. 

Thanks/Regards.

S Kalyanasundaram