Regarding leave encashment

This query is : Resolved 

04 March 2012 One of my friend is salaried person.He got Leave Encashment 0f Rs.49092.Either the amount is taxable or not.Pls. help me.

04 March 2012 It is fully taxable.
OM SAI SRI SAI JAI JAI SAI

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05 March 2012 Leave encashment received during service is fully taxable.


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