banner_ad

Taxation of gratuity and leave salary

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 June 2013 i have a salary retn case for ay 13-14 regarding gratuity and leave salary pl help me for computation
details as under...
gratuity rs.843950
leave salary rs 393843
salary rcvd rs. 327924
prof tax rs 1800
80 c investment rs.100000

lalit lawangae
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
15 June 2013 if you are govt employees and on retirement you receive gratuity nad leave salalry than no amount will taxable

it your pvt ltd co./ other other

then under gratuity act 15 days salary for each complete year service and more than 6 month salary calculate on
basic salalry /26*15= amount x no year serve.

in leave salalry
1. 30 days salalry for every year of service
2. 10 month salalry
3. rs.300000
4. 393843

which ever is less
will be not taxable
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 June 2013 thanks for guidance but i want a computation of income if possible
pl

regards

lalit lawangale
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
ARTICLESHIP 05 May 2026
ARTICLED ASSISTANT

JS ADVISORS

New Delhi

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details