We are Ltd co. One officer resigned and took another Job in same company. HR Manual Policy expired 3 years back. Can leave encashment consider last drawn basic,DA,hr
Supreme Court in 1994 judgement excludes HRA from computation
.in absence of live policy, can he claim HRA for leave encashment purpose. Please guide
the management cadre officer cannot validly claim HRA for leave encashment. Despite the lapsed HR policy, both historical corporate precedent and strict statutory definitions of wages—under current frameworks and the upcoming Wage Code—dictate that leave encashment is calculated on Basic and DA, explicitly excluding compensatory components like House Rent Allowance.
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
KK & Company Chartered Accountant
Pune
CA Inter
View Details
CCI
Pro
CAclubindia
