Leave encashment by bank employees at the time of retirement
This query is : Resolved
06 September 2021
I heard that the leave encashment amount received by bank employees at the time of retirement is fully exempt from tax.
Can anyone provide circular or sec no regarding this
Can anyone provide circular or sec no regarding this
06 September 2021
Only 3 lacs exempt for bank employees.
The calculation of exempt leave encashment os as per section 10(10AA)
The calculation of exempt leave encashment os as per section 10(10AA)
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