Gratuity Payment v/s income tax

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....ratuity Payment v/s income tax<br> Query (Issue) Started By: - Ashok Chopra Dated:- 8-3-2014 Last Reply Date:- 12-3-2014 Income Tax<br>Got 2 Replies<br>Income Tax<br>Dear Sir, I am want to pay volunt....

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....ary 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 disallow gratuity expenses as they h....

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....ave 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 Reply By CA GOPALJI AGRAWAL: The Reply: ....

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....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 Gratuity, if we book this amount in Gratui....

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....ty 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 my employee without deducting TDS and liab....

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....ility of income tax should not be on the company at the time of assessment.<br> Discussion Forum - Knowledge Sharing ....