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Tag: Gratuity

Income Tax in MediaMedia

Gratuity tax deduction of ₹79.25 lakh denied over wrong ITR schedule, ITAT Chennai rules in taxpayer’s favour

byAdmin12/08/202612/08/2026

A company that lost a ₹79.25 lakh gratuity deduction because of an error in its income tax return has won relief from the Income Tax Appellate Tribunal (ITAT), Chennai.

other tax in media

Govt employees can get Rs 25 lakh as gratuity. What rules say

byAdmin16/01/202516/01/2025

The gratuity limit for central government employees has been raised to Rs 25 lakh from the previous Rs 20 lakh, following the increase in the dearness allowance (DA) to 50 per cent. 

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