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Finance Ministry Announces 7.1% Interest on Special Deposit Scheme Until September 30

Judgement

The Calcutta High Court rules that gratuity can be adjusted against penal rent for unauthorised occupation of company quarters after retirement.

HC Allows Deduction of Penal Rent from Gratuity for Unauthorised Retention of Company Quarter

ITAT held that gratuity and leave encashment provisions qualify as a valid application of income for charitable trusts under Section 11, dismissing the Revenue’s appeal.

ITAT Mumbai Allows Gratuity and Leave Provisions as Valid Income Application for Charitable Trust

Articles

Understand the past service cost and Gratuity liability under India's New Labour Codes

Gratuity and Employee Benefits: Accounting Implications of India's Labour Law Reforms

Tribunal Allows Relief on Commission and Interest Issues; Confirms Gratuity Disallowance Due to Non-Compliance with Section 36(1)(v).

ITAT Deletes Commission & Interest Disallowances; Upholds Gratuity Addition

The tribunal held that the gratuity payment is allowable only if it is paid into a gratuity fund.

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Finance Ministry Announces 7.1% Interest on Special Deposit Scheme Until September 30

HC Allows Deduction of Penal Rent from Gratuity for Unauthorised Retention of Company Quarter

ITAT Mumbai Allows Gratuity and Leave Provisions as Valid Income Application for Charitable Trust

Gratuity and Employee Benefits: Accounting Implications of India's Labour Law Reforms

ITAT Deletes Commission & Interest Disallowances; Upholds Gratuity Addition

Gratuity Payment is Allowable Expense Only if Contributions are Made Towards Approved Gratuity Fund: ITAT