CCI Online Coaching    |    x

Tds on leave encashment

This query is : Resolved 
 


Querist : Anonymous (Querist) 02 April 2012

Whether I have to deduct TDS on the payment of Leave Encashment paid at the time of resignation.[ not retirement ]


CA Siddhartha Bhardwaj (Expert)
02 April 2012

Leave encashment is taxable in the hands of the employee.

Such leave encashment shall be added to the salary income and tax laibility shall be computed on the total income.



You need to be the querist or approved CAclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :






close x