Is Leave Encashment recieved from Foreign employer available under 10(10AA)

This query is : Resolved

Krishna (Querist)
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05 December 2021 Hi Team,

I was working for 4 year dedicatedly in Germany as a local employee there with no connection to India. 4 month back I resigned and Move back to India and started a job here.

Now since I use to get 25 leaves in a year, I was unable to finish 16 leaves and those were enchashed along with my salary. Can I claim deduction for that Leave Encashment under 10(10AA)? Also I have a proof as a salary slip for the same. Will that work if I need to upload it somewhere?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 December 2021 Yes, 10(10AA) exemption may be claimed.
Reduce the amount from gross salary and file ITR.

Krishna

Krishna (Querist)
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05 December 2021 Do I need to provide any kind of Proof somewhere since it's a foreign employer they don't have Form 16? Definitely I do have a Pay slip where I can show it's a leave enchashment money?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 December 2021 No need to provide any proof unless asked for it.

Krishna

Krishna (Querist)
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05 December 2021 Thanks a lot for the clarification

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