Is relief u/s 89 applicable in case of leave encashement recieved by govt. employee during his service.
If applicable, then how can we claim such relief?
Menu
Relief u/s 89 of income tax
Replies (4)
Yes, Leave Encashment is a part of salary as defined u/s 17(va).. and Section 89 applies to salaryt recived in advance or arrear.
Manner of Calculating relief is given under rule 21A of the Income Tax Rules. Pls go through
Yes, Leave Encashment is a part of salary as defined u/s 17(va).. and Section 89 applies to salaryt recived in advance or arrear.
Manner of Calculating relief is given under rule 21A of the Income Tax Rules. Pls go through
Yes relief u/s 89(1) can be taken for leave encashment. For procedure to know how to calculated relief please click here
You can claim relief by file form 10E on income tax site.
Recent Topics :
- Tool to convert GST invoice PDFs into Excel —
- Revised or rectification or leave it?
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
Related Topics :
CAclubindia
