Income tax exemption
This query is : Resolved
21 July 2013
Iam working in limited company.I have received LEAVE PAY from company yearly basis.Company policy allow 30 days leave in yearly if you take otherwise cash payment made by company on 31.3 closing of f.year.I WANT ABOVE INCOME TAXABLE OR EXEMPT IF EXEMPT THAN WHAT SECTION.
21 July 2013
Leave encashment during service is fully taxable. no exemption available
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
