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Leave encashment

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(Querist)
07 September 2011 Whether leave encashment received by the nominee after the death of emoployee of government is taxable or is Exempt from tax
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Hari Beldona

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Hari Beldona (Expert)
07 September 2011 Leave salary paid to the legal heir of deceased government employee is not taxable as salary
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Tushar Desai

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Tushar Desai (Expert)
07 September 2011 No. I disagree with Mr Beldona. It is not completely tax-free. Maximum tax free amount is Rs.3,00,000/-. There is a calculation method for this.
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