In ITR where do you show Gratuity, pension , leave encashment etc?
What most people do is show it under Schedule EI [Exempt income portion]
But it is specifically been mentioned that salary has to be as per S.17(1) , which includes all above.
I have myself not handled much cases of these but even in Form 16 which I saw , did not included any of those.
Ideally should it not be shown under gross salary and then exemption be claimed u/s 10 ?
S.17(1) "salary" includes—
(i) wages;
(ii) any annuity or pension;
(iii) any gratuity;
(iv) any fees, commissions, perquisites or profits in lieu of or in addition to any salary or wages;
(v) any advance of salary;
(va) any payment received by an employee in respect of any period of leave not availed of by him;
(vi) the annual accretion to the balance at the credit of an employee participating in a recognised provident fund, to the extent to which it is chargeable to tax under rule 6 of Part A of the Fourth Schedule;
(vii) the aggregate of all sums that are comprised in the transferred balance as referred to in sub-rule (2) of rule 11 of Part A of the Fourth Schedule of an employee participating in a recognised provident fund, to the extent to which it is chargeable to tax under sub-rule (4) thereof; and
(viii) the contribution made by the Central Government or any other employer in the previous year, to the account of an employee under a pension scheme referred to in section 80CCD;