Arrear commuted pension & leave encashment received
This query is : Resolved
28 July 2016
what will be the tax treatment of commuted pension & leave encashment received in arrears after retirement for the F.Y 15-16 for a bank employee under which section
28 July 2016
commuted value of pension is exempt, so also leave encashment
please go through the following link for sections 10(10A) and 10(10AA) respectively
https://www.incometaxindia.gov.in/Pages/acts/income-tax-act.aspx
please go through the following link for sections 10(10A) and 10(10AA) respectively
https://www.incometaxindia.gov.in/Pages/acts/income-tax-act.aspx
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