Form 10e for leave encashment

This query is : Resolved

Vinod (Querist)
Follow

28 June 2022 Please let me know the annexure field i need to choose to enter details in form 10e to avail exemption for leave encashment received on resignation. The following are listed in the portal:
Annexure-I: For Arrears or Advance Salary
Annexure-II: For Gratuity (Past services over five years but less than 15 years)
Annexure-IIA: For Gratuity (Past services for 15 years or more)
Annexure-III: For Compensation on Termination of employment
Annexure-IV: For Commutation of Pension

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
Follow

07 July 2024 To avail exemption for leave encashment received on resignation under Form 10E, you should choose **Annexure-I: For Arrears or Advance Salary**. This annexure is used for reporting income from leave encashment which qualifies for exemption under Section 10(10AA) of the Income Tax Act, specifically for leave encashment received at the time of retirement or resignation.

Here’s how you can proceed:

1. **Select Annexure-I**: When you are filling out Form 10E on the income tax portal, look for the option or field that specifies Annexure-I.

2. **Fill in Details**: Enter the required details such as the amount of leave encashment received, the period for which it relates, and any other relevant information.

3. **Upload Supporting Documents**: Ensure you upload any supporting documents that validate your claim for exemption under Section 10(10AA).

4. **Submit**: After filling in all the necessary details and attaching documents, submit the Form 10E with Annexure-I.

By choosing Annexure-I, you correctly specify that the details you are entering pertain to leave encashment received on resignation, which qualifies for exemption under the specified section of the Income Tax Act. This will help ensure that your claim for exemption is processed correctly by the income tax authorities.