Gross Salary (Incl. leave encashment ). 2500000
Leave encashment exempt 10(10AA) 1000000
Gratuity 10(10) 2000000.
In this case how to show gratuity received as Gross Salary is less than Exemption u/s 10. ??
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Gratuity on Retirement
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Exemption cannot be allowed to more than the amount of gross salary. It will be limited to the gross salary.
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