Gratuity Exemption Limit enhanced Rs. 20 lacs by notification dt. 29.03.2018 under the payment of gratuity act. Is the gratuity paid before 29.03.2018 during the FY 2017-18 is eligible for exemption under Income Tax Act upto Rs. 20 lacs or not ?
Gratuity exemption for fy 2017-18 rs. 20 lacs or rs. 10 lacs
Toshar Ahuja (Chartered Accountant) (107 Points)
26 July 2018