I have worked in a company for only 4 months. My gross salary was 35,000 p.m. At the time of leaving the company I also got leave encashment of 5,500. I want to know whether I can claim exemption of this leave encashment?
Is there any criteria of minimum service period for claiming this exemption?
Provide correct answer with relevant section/rule number.
O P Bagla & Co LLP
New Delhi
CA Inter
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Shaswat initial support private limited
Ahmedabad
CS
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CAclubindia
