Income tax on leave encashment
This query is : Resolved
14 April 2015
One of employee retired on 31st Mar 15. Now in April'15 leave encashment amount of Rs. 9.50 lacs.
Now, whether exemption limit whould be Rs.3 lac (LE) or Rs. 5.50 lacs (3 LE + 2.50 General exemption)?
Now, whether exemption limit whould be Rs.3 lac (LE) or Rs. 5.50 lacs (3 LE + 2.50 General exemption)?
14 April 2015
First-mention whether the employee is a Govt employee or non-Govt ?
.
Please refer Section 10(10AA) for more details.
.
.
Please refer Section 10(10AA) for more details.
.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on capital gains revoked us 54f
- Refund of AY 22-23
- Should I include march foreign salary received in April in my income for FY 2023-24?
- HSN Details in IFF/GSTR-1 & in GSTR 9
- TDR receipts for agreement holder
- Inventory of finished goods
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Applicability of Ind As to associate of associate
- Disallowance of Section 43B(h) to sez units
- Sale of property furniture sale
- GSTR9C Turnover
- Vivad se vishwas scheme 2024 new
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
Trending Online Classes
CAclubindia
