Leave encashment 3 lac limit, is it one time or after every

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 January 2014 Company has given exempt income for leave encashment of Rs 1 lac on leaving the company. (Visible in form16)

Income tax officer during scrutiny, wants to add this leave encashment to total income. He says that limit is Rs 3 lac during life time and wants to surrender this.

How can we prove that he has no availed this amount earlier and will not be claiming the same in coming years.
Is he right in saying so? Please advice.

@VaibhavJ

@VaibhavJ (Expert)
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02 January 2014 Hi

Is it for life time.

You can tell ITO to prove that you have not claimed any deduction and you can provide notarised self declaration for the same.

Thnaks