Salary income
Querist : Anonymous
Is Gratuity is payment is a part of salary income or not.
We have employees whose income from salary is Rs 2.5 lacs and gratuity is Rs 50 K.
Now should i calculate tax or not. Because he do have 80 C Rs 1 Lacs. If i considered Gratutiy stand alone i may have to calculate Tax on 50 K.
Please confirm
Querist : Anonymous
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