Taxability of ESIC Maternity Benefit

Others 459 views 5 replies

My sister has gone on maternity leave on 11th November 2019 for 6 months as she is covered under labour law so she has received a 6-month salary from ESI. So I would like to know what is the taxability of the amount received from ESIC

Total Amount received: 82950

Leave started: 11th November 2019

So taxable amount till 31st March 2020

Replies (5)
Full Amount is taxable in FY 2019-20
Originally posted by : JATINDER KUMAR
Full Amount is taxable in FY 2019-20

Amount is received in bank ob 12th May 2020 so basis of days amount is it be shown in other income or to add in salary?

You can add in current year salary if received on 12.05.2020
Originally posted by : JATINDER KUMAR
You can add in current year salary if received on 12.05.2020

So no need to Bifercuate on the basis of no of days till march and whole amount to be considered in current year salay?

Yes.....


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register