Leave encashment

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Querist : Anonymous (Querist)
26 April 2014 Leave Encashment whether 48days allowed or not???? please clarify this.

26 April 2014 No, must not exceed 30 days for every year per 10(10AA) (ii) of the Income tax Act,1961. But if the person is a central /state government employee ,no need to check the number of days vide 10(10AA)(i).


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