Taxablity of leave encashment
Querist : Anonymous
Pls explain me provision for Taxablity of leave encashment received during employment.
Thanks:
Raj
Querist : Anonymous
It Means while issuing form 16 to Employee we have to club the Leave Encashment amount with gross salary & deduct TDS as per applicable Slab i.e 10%, 20%. & 30% respectively.
Thanks
Raj
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