Exemption of leave encashment of bsbl
This query is : Resolved
29 January 2021
EMPLOYEE OF BSNL WERE CENTAL GOVTTT EMPLOYEE ABSORBRD IN BSNL NOW LEAVE CREDITED DURING CENTRAL GOVTT SERVICE IS FULLY EXEMPTED FROM TAX? BSNL HAS ALLOWED FULL EXEMPTION OF THE SAME IN FORM 16 THE CLAIM FOR FULL EXEMPTION IS ELIGIBLE?
29 January 2021
Claim for full exemption is not eligible.
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29 January 2021
Yes you are eligible for full exemption
29 January 2021
CPC NOT ALLOWED FULL EXEMPTION OF LEAVE ENCASHMENT ON RETIREMENT OF BSNL AS THE NATURE OF EMPLOYEMENT SHOWN IN ITR IS PSU CAN I CHANGE EMPLOYEMENT AS CENTRAL GOVTT AS THE CLAIM FOR LEAVE IS CREDITED DURING SERVICE AS GOVTT EMLYOEE OF DEPP OF TELECOM CAN I REVISE NATURE OF EMPLOYEMENT TO CLAIM FULL EXEMPTION OF LEAVE ENCASHMENT
30 January 2021
Yes you can revise the return.
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