Gratuity, pf & leave encashment show in itr
This query is : Open
22 March 2017
Respected Experts,
An employee got the following amount after resigned :-
1) Salary : 20250/-
2) Gratuity : 101250/- (for 6 years)
3) Leave encashment : 18680 (Balance EL)
4) PF share of Employer during the f.y. : 18900/-
Should amount of Sr. no. 2, 3 & 4 added in salary component while filling ITR for a.y. 2018-19? How & where I show the above received amount? If these figures are exempt either I show in ITR or not.
Please Experts, its my humble request, I am very confused, Pleaseeeeeeeeeeeee help me.
Rakesh Sharma
An employee got the following amount after resigned :-
1) Salary : 20250/-
2) Gratuity : 101250/- (for 6 years)
3) Leave encashment : 18680 (Balance EL)
4) PF share of Employer during the f.y. : 18900/-
Should amount of Sr. no. 2, 3 & 4 added in salary component while filling ITR for a.y. 2018-19? How & where I show the above received amount? If these figures are exempt either I show in ITR or not.
Please Experts, its my humble request, I am very confused, Pleaseeeeeeeeeeeee help me.
Rakesh Sharma
23 March 2017
please reply experts
24 March 2017
In ITR, you need not to show your exempt income.
please note in Tds section show taxable salary instead of gross salary.
just keep payin slip , form 16 with u.
and show at the time of scrutiny.
25 March 2017
sir, u mean no need to show gratuity, leave encashment, but what do with pf share of emploer
25 March 2017
its also exempted
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