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Taxtability of compesation received from court

This query is : Resolved 

08 February 2013 one of my relative received compensation from liquidator appointed by court in lieu of salary as company gone into liquidation and employees union filed a case against it,please let me know taxtability of the same.order clearly states amount bifurcation into following heads
Salary
leave encashment
Retrechment compensation
bonus.

21 February 2013 Hi,

Taxability criterion will remain same.

Salary is 100% Taxable Subject to deduction u/s 10.

Leave Encashment & Retrenchment compensation are exempt up to Rs. 3.0 lacs.

Bonus is taxable.

Pl refer follo link for more detials:

https://www.caclubindia.com/forum/summary-of-exemption-u-s-10-to-salaried-employee-232114.asp

Thanks!!



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