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leave encashment

Mahesh Chandra Mohapatra (189 Points)

22 July 2019

please clarify the latest rule u/s 10(10AA) for leave encashment on retirement

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2 Replies

nisha marimuthu (2 Points)
Replied 22 July 2019

upto 300000 it's exempted balance was taxable in the hands of employer.

Narender Gupta (17 Points)
Replied 23 July 2019

I retired from Punjab national bank on dated 31-03-2019 my leave encashment fully exempted or not or nationalised employee falls in govt employee or not

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