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Leave encashment exemeption

This query is : Resolved 

07 December 2011 If suppose I recd. Rs.5000/- at the resignation leave encahmnet amount. Whether it is fully exempt under Inocme tax as it is below Rs.300000/- pls guide

07 December 2011 If your 10 months average salary more than RS.5000, you can claim full exemption u/s 10(10A).



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