Taxation for deferred Leave encashment payment

This query is : Resolved

Shivam Gupta (Querist)
Follow

17 July 2022 Hi experts,

My last working day at my previous company was on 7th Mar, 2021. I received leave encashment after some months and the ex-employer has provided the FY 21-22 Form 16 having the leave encashment payment details.

1. Please tell how should I mention this payment in current ITR filing?

2. Will form 10E be required to get relief u./s. 89?

3. Which annexure should be selected in Form 10E for leave encashment on resignation?

4. How do I mention amount after exemption under 10(10AA) while filling Form 10E and ITR?

Thank you.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

17 July 2022 As the owner has declared it in form 16 of FY 2021-22, you have an option to declare the income in the same FY. No need of filing form 10E.

Message likes : 1 times

Shivam Gupta

Shivam Gupta (Querist)
Follow

17 July 2022 Thank you Sir for confirming

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

18 July 2022 Most welcome...

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Rishi Jain

SHUBHANGI GOEL

CA Narender Yarragorla

P.S.Satya narayana

CA Reshma prabhu

Subscribe Now

Taxation for deferred Leave encashment payment

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

Accountant

CA Final