Rebate u/s 89 on leave encashment
This query is : Resolved
14 February 2013
One Govt. employee has received Rs.18000 as leave encashment during the service. Whether he can avail rebate u/.s 89 or not? And if yes, please provide the calculation.
14 February 2013
If the leave encashment pertains to the earlier years than the previous year, you can claim relief U/s 89(1).
.
In the absence of Total Income and Tax Paid
data, calculation can not be made here.
.
As a matter of fact it's calculated on the basis of tax on receipt basis and tax on accrual basis for the previous years involved.
.
.
In the absence of Total Income and Tax Paid
data, calculation can not be made here.
.
As a matter of fact it's calculated on the basis of tax on receipt basis and tax on accrual basis for the previous years involved.
.
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
- CAPITAL GAIN REDEVELOPED FLAT
- Requirement under FEMA &RBI
- CLOSING STOCK QUERY
- Itr processing refund
- Multiple payment of self assessment tax for A Y 2025-2026
- Rent claimed on building given on permissive possession basis
- ITR 44AD SECTION
- Gst reverse charge mechanism to be claimed in the month of payment
- Residential status of non resident
- TDS refund Indemnity Bond
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
