TMI BlogGratuity Payment v/s income taxX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, I am want to pay voluntary gratuity to my some employees who have not completed three years and i want to pay them gratuity for three years. My querry:- Will income tax department will d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... isallow gratuity expenses as they have not completed five years as per Payment of Gratuity Act?, if yes, please guide me what should i do? Should I deduct TDS on it or not? Thanks and regard - Repl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y By CA GOPALJI AGRAWAL - The Reply = It would be treated as ex-gratia payment liable to tax and TDS. - Reply By Ashok Chopra - The Reply = Sir, may management is interested to book this amount in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Gratuity, if we book this amount in Gratuity account, will income tax department disallow the expenses and charge income tax from our company. Is there any other way out, i should give this amount to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... my employee without deducting TDS and liability of income tax should not be on the company at the time of assessment. - Gratuity Payment v/s income tax - Query Started By: - Ashok Chopra Dated:- 8- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3-2014 Income Tax - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanage ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mentindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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