Salary
This query is : Open
24 December 2016
X,an employer of the central government receives RS 8,90,000 ,as cash equivalent of earned leave to his credit at the time of his retirement on aug 31,2016.He joins a pvt sector on oct 1,2016.The assessing officer is of the view that since X has joined a pvt sector,the amt of earned leave received by him is fully taxable.Do you agree with him?
24 December 2016
No, it's fully exempt u/s10(10AA)
24 December 2016
Agree with kaviraja
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