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
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details