Taxability of Earned Leave - Reg
This query is : Resolved
31 March 2009
Dear All,
An employee resigned and the employer paid him cash for the unavailed earned leave at his credit.
Whether the above amount received by the employee eligible for the exemption under secdtion 10(10AA)?.
Regards,
V. Jagadeesan,
An employee resigned and the employer paid him cash for the unavailed earned leave at his credit.
Whether the above amount received by the employee eligible for the exemption under secdtion 10(10AA)?.
Regards,
V. Jagadeesan,
31 March 2009
No, it will not consider as retirement, so no exemption available
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