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If you are submitting ITR-2 and encountering a validation error stating that the gratuity amount should not exceed Rs. 20,00,000, it's likely because there is a misunderstanding or an error in the way you are entering the gratuity amount or claiming the exemption.
Gratuity is a statutory benefit provided to employees by their employers as a form of gratitude for the services rendered by the employee. In India, the gratuity received by an employee is exempt from income tax up to a certain limit, as per the Income Tax Act, 1961.
If you are unsure about how to proceed, it's best to consult a tax professional or seek assistance from the Income Tax Department's helpdesk to resolve the issue and successfully file the ITR-2.
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