Meaning of leave encashment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 April 2015
Dear expert
plz let me know the means of leave encashment...
plz reply soonest...
plz let me know the means of leave encashment...
plz reply soonest...
15 April 2015
Many organizations will be having policy in giving one or two allowed leaves in a month.
If the does not employee avail it, he will be given credit of that.
After the completion of specified period, the leave at the credit will be compensated by giving him as Leave Encashment.
Since he has forgone allowed leaves, it will be given as a compensation w.r.t thsi salary.
This is the concept of Leave Encashment.
If the does not employee avail it, he will be given credit of that.
After the completion of specified period, the leave at the credit will be compensated by giving him as Leave Encashment.
Since he has forgone allowed leaves, it will be given as a compensation w.r.t thsi salary.
This is the concept of Leave Encashment.
15 April 2015
It may be in the form of Cash/ Bank transaction generally.
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
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- Type of Capital Gain
- Booth for sales promotion
- Exiting partner in partnership firm in gst portal
- Regarding ITR filing with more value than showing in AIS/TIS
- F & O PROFIT REPORTING FOR AY 2026-27
- ITR-Capital Gain
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
