Wanted to know basic difference in IT section 10(10)(ii) and 10(10)(iii). If as per my company's gratuity rules, I pay gratuity beyond the limit of Rs. 10 lacs, do I fall under 10(10)(ii) or 10(10)(iii). My company is covered under the Gratuity Act. Is it right to say that if gratuity payable is less than Rs. 10 lacs, I fall under 10(10)(ii) and and if gratuity payable exceeds Rs. 10 lacs, I fall under 10(10)(iii)?
