Tax on gratutiy arrear received
This query is : Resolved
Quick Summary
P V Paulose
(Querist)
17 July 2021
i was a public sector employee and retired in Jan 2018 and received gratuity of Rs 10 lacs and now received Rs 6 lacs due to wage revision . The taxable limit at the time of retirement was 10 lacs and now 20 lacs
Am i liable to tax for the addition received now
Am i liable to tax for the addition received now
CA R SEETHARAMAN
(Expert)
17 July 2021
You are not liable to tax for the additional gratuity received now. The additional amount is due to pay revision payable due only after enhanced limit. Check any tax deducted on such payment.
CA Rajat Pathak
(Expert)
18 July 2021
Not liable to tax for additional amount
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