Easy Office
LCI Learning

IT on Gratuity paid to resigned employee

This query is : Resolved 

28 October 2023 Sir/Madam

Please clarify whether IT is to be deducted from gratuity paid to an employee who has resigned from the services of the company after serving for 11 continuous years.

28 October 2023 No income tax need to be deducted in case it's paid as per the provisions of gratuity act.

28 October 2023 Then who is responsible for paying gratuity on its taxable portion ?

What about the exemption calculation given under sec (10)10


28 October 2023 It's exempt as per section 10(10).



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries