Deduction/exemption for leave encashment during service
Querist : Anonymous
An employee of a company gets leave encashment salary every year on account of his excess leave balance over the prescribed limit. (This is a leave encashment during the continuance of service)
Whether deduction/exemption is available u/s 89 or any other section of the Income Tax Act in respect of this?
Thanks.
Querist : Anonymous
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