Tds on leave encashment

This query is : Resolved 

Querist : Anonymous (Querist) 02 April 2012

Whether I have to deduct TDS on the payment of Leave Encashment paid at the time of resignation.[ not retirement ]

CA Siddhartha Bhardwaj (Expert)
02 April 2012

Leave encashment is taxable in the hands of the employee.

Such leave encashment shall be added to the salary income and tax laibility shall be computed on the total income.

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