Exemotion of Leave Encashment

This query is : Resolved 

24 February 2022 Suppose the employee retires on his age of 58 and continues the job with earlier employer as contractual employee. If the leacve encashment receied at the time of retirement, whether the same is exempte or not up to Rs. 3 lacs. Kindly advise us

24 February 2022 Yes, it's exempt upto 3 lacs.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries