x, a non-govt employee, receives Rs. 2,50,000 as leave salary at the time of retirement on February 20, 2009. On the basis of the following information, determine the amount of taxable leave salary : Basic pay : Rs. 15,000 per month since 2002; duration of service : 26 years; leave at the credit of X at the time of retirement : 25 months; entitlement of leave salary : 60 days salary for every year of service and leave availed while in service : 27 months.
what should be the answer: is it 250000 as (no leave balance) as per me
or would it differ
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