Regarding salary and arrears

This query is : Resolved

N D B (Querist)
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20 July 2016 Dear Experts,

You are requested to provide appropriate solution for my following query at the earliest.

Mr. A has taken VRS from SBI in the FY 2013-14. In FY 2015-16, he has received following income from State bank of India apart from his regular pension income;

1. Gratuity
2. Provident Fund
3. Arrears of Gratuity of FY 2013-14
4. Arrears of Provident Fund of FY 2013-14
5. Arrears of Leave encashment of FY 2013-14
6. Arrears of Salary of FY 2013-14

Could you please tell me from above incomes which will be exempt ? and which will be taxable ? And also give reference of relevant sections.

Thank you

ALOK GOEL

ALOK GOEL (Expert)
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21 July 2016 Gratuity- Exempted
PF -exempted
arrears on Gratuity -Exempted
Arrears of Leave encashment- taxable
Arrears on Salary - taxable

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