Menu
Leave encash
if state government employee receives leave encashment after retirement rs 700000 is exempt u/s 10 please quide
Replies (4)
Leave encashment is exempt for Government employees
Up to a specified limit. Not whole amount.
calculated as per the salary statement.
calculated as per the salary statement.
Leave salary received by govt employees at the time of retirement is exempt u/s 10(10AA)(i).
Full amount is exempt for Government employees
Recent Topic
- LOAN INTEREST BENEFIT ON NEW TAX REGIME
- Retirement funds under new tax regime
- GTA Annexure V Non Compliance
- Calculation of Demand due to interest u/s 220(2)
- Legal profession business code in section 44ADA
- Whether Indexed Capital Loss Can Be Claimed Under
- Form 145 and 146 Foreign Remittance in Excel Forma
- E invoice missed out/not generated for FY2025-26
- Can a broker's software legally override actual po
- Startup exit in Sept 2025: Can I still save LTCG t
Related Topics
CAclubindia
