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Leave encashment received on retirement will be exempt subject to the provision of 10(10AA) of Income Tax Act,1961.
Further, any leave encashment received during the service period is fully taxable.
Regards
Bhagwan Dass Mangla
From: PassionHR@yahoogrou
Sent: 27 January, 2009 6:48 PM
To: PassionHR@yahoogrou
Subject: Re: {PassionHR} Leave encashed urgent
Dear Vasudev,
Its not taxable.
best regards
Ajay Chaudhari
On Fri, Jan 9, 2009 at 3:03 PM, Vasudev Naidu <evnaidu@gmail.
Hi,
Is it taxable amount ?
I heard that its taxable....can you clarify plz...
Thanks,
Vasudev
On Fri, Jan 9, 2009 at 10:13 AM, anjali sarin <sarin.anjali@
leave enchashment calculation'
Basic pay + special Allowance(D A) / 30 * no. of earned leaves
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Regards,
Anjali Sarin
On Wed, Jan 7, 2009 at 5:14 PM, rakesh kaushik <rakesh_kaushik1021@
| Dear Friends, Pls tell me about the leave encashed. Thanks Rakesh Kumar |
Add more friends to your messenger and enjoy! Invite them now.
--
Regards,
Anjali Sarin
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