XYZ is a public limited company. it has a wholly owned subsidiary. i was working in the public limited company. then due to less work force in the subsidiary company, 40 employees were shifted to the subsi company. Will my no. of years worked in the holding company be counted for gratuity exemption for income tax. will it be included in 5 years for exemption. are there any case laws where employees are eligible to claim exemption and period of main company is also counted.
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Gratuity form I claim.pdf