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Gratuity in ITR

Raj Thakkar (ARTICLE) (382 Points)

20 August 2019

where to disclose the amount received as gratuity at the time of retirement in the ITR-1 while filing returns of income? Please guide..

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3 Replies

Kapadia Pravin (17259 Points)
Replied 20 August 2019

To the extent it is exempt show under Exempt income and rest if any as taxable under salary head

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Raj Thakkar (ARTICLE) (382 Points)
Replied 20 August 2019

Thank you sir for your reply, under exempt income for reporting purposes field nothing is given about gratuity but the details about the same is mentioned in exempt allowance field so should I first include whole amount in the salary and then mention the amount equal to exempt gratuity in the given field? Please guide..