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.
From India, Raipur