If an employee, at the time of service, wishes to surrender his pending leave and wants to encash them. That amount is taxable or exempt? At the time of working.
When he resigns or ends of service, that amount will be exempt subject to section 89.
Avinash Jeevan Dsouza (Assistant In Charge Accountant) (3284 Points)
08 June 2022If an employee, at the time of service, wishes to surrender his pending leave and wants to encash them. That amount is taxable or exempt? At the time of working.
When he resigns or ends of service, that amount will be exempt subject to section 89.
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 08 June 2022
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