Leave Encashment


This query is : Resolved 

(Querist)
29 June 2011 Good Noon Experts,

Pls let me know Leave Encashment Amount received at the time of leaving Job is taxable or nontaxable in case of Private Employee but not retirement? Pls reply ASAP. Thanks

29 June 2011 Exemption need to be calculated as per section 10 (10AA)


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