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Gratuity

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(Querist)
20 February 2014 gratuity paid to employee before complitation 5 year service .
allowed expenses either Disallowed exp.in income tax .
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@VaibhavJ

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@VaibhavJ (Expert)
20 February 2014 Hi

It is allowed as expense in IT also on the basis of payment made only exception is that it will be taxable in the hands of employee.

Thx

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