Tax on leave encashment
This query is : Resolved
28 July 2013
My uncle has received leave encashment . he is a school teacher in a govt aided school & he has govt iD card & the govt provides salary to him. I want to know whether he will be considered a govt employee & whether his leave encashment is exempt as leave encashment to govt employee is exempt
28 July 2013
Hi
While making payment whether any TDS is deducted by employer?
Rg//Vaibhav
While making payment whether any TDS is deducted by employer?
Rg//Vaibhav
28 July 2013
Leave encashment is exempt for Govt Employees only on retirement. During the continuance of the employment -leave encashment is taxable to all including the Govt employees.
.
.
02 August 2013
you may also refer to :
https://www.indianexpress.com/news/leave-encashment-on-resignation-is-not-taxable/1033242/0
Thanks
https://www.indianexpress.com/news/leave-encashment-on-resignation-is-not-taxable/1033242/0
Thanks
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
- 44AD, 44ADA business details
- PF wage ceiling
- 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
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
