There is no provision to show provident fund final payout, leave encashment and gratuity in income tax returns. Should they be shown? If yes, where?
- Ravi Pandey
Yes, all your retirement benefits have to be shown while filing your ITR. The retirement benefits like employee provident fund, leave encashment gratuity and pension will have to be disclosed under the head "Income from Salary".
This article was originally published on January 24, 2017.