Where to declare Gratuity received in ITR

This discussion clarifies how to declare gratuity and partial ULIP withdrawals in your Income Tax Return (ITR). Gratuity, if received, should be declared in Schedule EI, even if not on Form 16, and is generally tax-exempt up to ₹20 lakhs. Similarly, partial withdrawals from ULIP policies that qualify under Section 10(10D) are also tax-exempt and should be reported in Schedule EI if the insurer has reported the transaction.