Ex gratia I got at the time of layoff was taxed. Can I get refund?
[ad_1] I was laid off from an MNC by way of resignation. The company offered ₹35 lakh as ex gratia, but taxed the entire amount as per the applicable tax slab rates. Is the ex gratia taxable? If yes, why? Can I get a refund/rebate on the tax paid? The taxability of the ex gratia received…