Income Tax - Notification No.94/2009

This query is : Open

CA Naresh Kumar Hegde (Querist)
Follow

07 September 2010 Hai dear friends,
As per Notification No.94/2009 dtd 18.12.2009(wref 01.04.09)
salary for the purpose of valuation of accomodation excludes (w.e.f FY 2009-10) the foll:
Gratuity, Severance pay, leave encashment, voluntary retrenchment benefits, commuted pension and similar lumpsum payments received at the time of termination of service or superannuation or voluntary retirement.
Please clarify whether leave encashment or any other receipt of the above nature received during the service is covered in the above notification or it covers the receipts at the time of termination only ?
Thanks in advance

CA Vijay Kumar Gupta

CA Vijay Kumar Gupta (Expert)
Follow

07 September 2010 No, it will form part of salary if recd. durinf employment.asper notification no. 94/2009.

Message likes : 1 times

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Ishwar Radhakisan Tawani

Lalan Kumar Jha

Kalyan Guha

Rajat Khandelwal

Sanoj T

Subscribe Now

Income Tax - Notification No.94/2009

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

GST CONSULTANT

CA Final

Manager- Finance and Compliance

GST CONSULTANCY

Article Assistant