Gratuity Taxability
Deeptha Srinivasa Ragavan (Article Assisstant) (233 Points)
03 April 2019
whether gratuity paid to the employee at the time of separation is taxable ?
4 Replies
rama krishnan
(12244 Points)
Replied 03 April 2019
in my opinion it's taxable as per section 56(2)(XI)
Giridhar S Karandikar
(Team Lead)
(7553 Points)
Replied 04 April 2019
it's exempt under 10(10) subject to the overall limits under PGA. max exemption allowed is RS. 20lacs
Deeptha Srinivasa Ragavan
(Article Assisstant)
(233 Points)
Replied 04 April 2019
he was n our payroll
Recent Topics
- People Asking For Refund In New Scheme
- PRE FILLED ITR
- Taxability of gift to wife
- ITR AY 2025-26 AY
- Gold metal on lease to father properiotership fi
- Professional Tax for Branch Offices
- Advance Tax for Individual/Prorietor
- How to claim refund for a 26QB challan with status
- Gold metal depsoit of near one
- Which ITR form to fill for FY 24 - 25
Related Threads
Trending Online Classes
-
Live Course on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance
CA Vishal Zawar14 June 2025 -
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
