Deat All,
Is the employer required to deduct tax on the gratuity even if the amount of Gratuity paid is less than 10 Lakhs...?
To my knowledge Tax need not be deducted if the amount is less than the exempted amount of gratuity u/s 10 (10).
Kindly Clarify
Thanks in advance
Vignesh P
Thank you for the quick revert friend.... but is it regardless of the Amount...? TDS appllies only for the Taxable portion of gratuity right...?
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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