How much Gratuity is allowed

The company was paid gratuity to its employees, pl. give suggestions to How much gratuity amount is allowable to company p&L account.
Replies (3)
Quick Summary
This discussion explores the allowable amount of gratuity that a company can claim on its Profit & Loss account. It references Section 36(v) of the Income Tax Act and Rules 103 & 104. A key consideration is whether the gratuity is received upon retirement or during service, as this impacts its deductibility.

Refer section 36(v) of the Income tax act, along with rule 103 and 104 of the Income tax rules.
Received on retirement or during service????
This is important condition.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
21 August 2026
Accountant

A G International

Kolkata

B.Com

View Details