Dear Colleague
Kindly advice for Gratuity payment pointed as below.
1. In case of Gratuity more than Rs. Ten Lacs i.e. aprox. Rs.1300000/-
2. Can we deduct tax on 3 Lacs as per slab.
One Accounts professional not agree to pay more than Rs.1000000/- in any condition. Please advice so that we can produce any example before him.
Thanks
Regards
Rakesh Dubey
From India, Raipur
Kindly advice for Gratuity payment pointed as below.
1. In case of Gratuity more than Rs. Ten Lacs i.e. aprox. Rs.1300000/-
2. Can we deduct tax on 3 Lacs as per slab.
One Accounts professional not agree to pay more than Rs.1000000/- in any condition. Please advice so that we can produce any example before him.
Thanks
Regards
Rakesh Dubey
From India, Raipur
Ask your Accounts professional to refer to "The Payment of Gratuity (Amendment) Bill, 2017" This will make things clear.
From India, Pune
From India, Pune
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