A company has provided provision for leave encashment 14,000/- only where as an employee resigned and payment to him on a/c of leave encashment was 19,500/-. It is calculated for 90days * per day salary.I have two queries
1. This depend of HR policy of individual comoany
2. Balance amount needs to book as expenses in current period.
Shyam Joshi & Associates
Pune
B.Com
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O P Bagla & Co LLP
New Delhi
CA Inter
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R P S K & Associates
Nashik
CA Inter
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CAclubindia
