20 December 2008
In a pvt. ltd. co. on what basis of leave can be encashed by co. to employee. Is on the basis of Basic Salary or Gross Salary.If total accumulated leave 60 days and Basic sal-5300/-,Hra-2120/-,medical-1250/-,conveyance-1500/-,edu. all-1000/- & spl. allowance-1750/-(Total Gross Salary-12920/).So what will be the calculation and plz also specify the section also. Plz resolve it as soon as possible.Here I am waiting for the best reply. plzzzzzzzzzzzzzzzzz replyyyyyyyyyyyyyyyyyy.
CAclubindia
