https://www.taxtmi.com/caselaws?id=411100 Enhanced gratuity under the Payment of Gratuity (Amendment) Act, 2010 operated prospectively from the notified commencement date, because the amendment contained no express retrospectivity and none was necessarily implied. A cut-off date for a one-time retirement benefit was therefore valid, even though earlier retirees were excluded from the higher ceiling. The exemption for gratuity in income tax applies only to gratuity received within the statutory ceiling under the Gratuity Act, so gratuity paid before commencement did not qualify for exemption beyond that limit and tax deduction at source was sustained. en-us Fri, 13 Aug 2021 00:00:00 +0530 Thu, 11 Jun 2026 16:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411100 Enhanced gratuity under the Payment of Gratuity (Amendment) Act, 2010 operated prospectively from the notified commencement date, because the amendment contained no express retrospectivity and none was necessarily implied. A cut-off date for a one-time retirement benefit was therefore valid, even though earlier retirees were excluded from the higher ceiling. The exemption for gratuity in income tax applies only to gratuity received within the statutory ceiling under the Gratuity Act, so gratuity paid before commencement did not qualify for exemption beyond that limit and tax deduction at source was sustained. Case-Laws Income Tax Fri, 13 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411100