Accounting of gratuity
Darshini Shah (51 Points)
17 July 2020Further is gratuity exempt under income tax in the years of provision?
Darshini Shah (51 Points)
17 July 2020
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 17 July 2020
Gratuity a/c
To Bank/ salaries payables a/c
Yes, upto 20 lakhs as the ceiling has raised from ten lakhs.
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