Tax Treatment of Gratuity as per Income Tax Act,1961

Tax Treatment of Gratuity as per Income Tax Act,1961 is covered U/S 10(10) of the Act. In case of retirement, resignation or  termination, you have to consider Income Tax liability on propose receipt of Gratuity. If Gratuity is received by employee … Continue reading Tax Treatment of Gratuity as per Income Tax Act,1961