Private Sector Leave encashment exemption

Efiling 55 views 1 replies

Upon Resignation from my Previous company (Private Sector), I have received Leave Encashment which has been added to the taxable income in the full and final settlement

While filing returns, Can we directly add this amount under 'Sec 10(10AA)-Earned leave encashment on Retirement' section in Exempt Incomes or Do we need to add proof for the same by submitting the form 10 E as well. 

While filing the form 10 E, It asks for total income of the previous year. I have resigned from the company in July 2024 so should I only include income from that company in that section.

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register