banner_ad

regarding EL encashment

This query is : Resolved 

26 August 2008 (i) if the employee get cash for his EL when he resign from the pvt. company, will this amount is taxable

(ii) in case if he wants to take EL before resign............can he take EL or not........what he can do if the company refuse to give EL.........is there if any provision that he can go for court on this behalf ..........if so in which court.....what is the provision,

thanks in Advance

with regards,

Amrish

26 August 2008 EL Before Resignation will be fully taxable. EL Paid at time of resignation can be claimed as exempted. See Madras High Court Judgement in CIT Vs R.V.Shahney 159 ITR 160

26 August 2008 thanks for the information.............but please tell me about the second part of my query,

thanks in advance,

Amrish

26 August 2008 You can approach to labour court for the same...if they do not give the ELs as per your eligibility...

**DM

26 August 2008 thankyou for prompt reply


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details