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
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Reopen of assessment proceeding
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Rental income gst and it purpose
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Gift Received from nonblood relative
- Management System (IMS)
- Putting a heading on received mail
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
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
