https://www.taxtmi.com/manuals?id=1115 Employer's contribution to an approved gratuity fund is deductible only where the fund is created exclusively for employees under an irrevocable trust, and deductions are also available for permitted provisions made towards such contribution or for gratuity payable during the tax year. No deduction is allowed for provisions made for gratuity on retirement or termination, and no second deduction is permitted when actual payment is made from an already deducted provision. Earlier law also allowed deduction for approved gratuity fund contributions, subject to salary-based limits and treatment of certain gratuity payments and repayments as income or salary. en-us Tue, 15 Sep 2015 10:58:00 +0530 Mon, 27 Apr 2026 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1115 Employer's contribution to an approved gratuity fund is deductible only where the fund is created exclusively for employees under an irrevocable trust, and deductions are also available for permitted provisions made towards such contribution or for gratuity payable during the tax year. No deduction is allowed for provisions made for gratuity on retirement or termination, and no second deduction is permitted when actual payment is made from an already deducted provision. Earlier law also allowed deduction for approved gratuity fund contributions, subject to salary-based limits and treatment of certain gratuity payments and repayments as income or salary. Manuals Income Tax Tue, 15 Sep 2015 10:58:00 +0530 https://www.taxtmi.com/manuals?id=1115