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
CA PARAS BAFNA
(Expert)
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.
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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
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