Leave Encashment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 March 2011
If the company has the policy that all employees can encash their balance leave at end of every year, does in that case also leave encashment will be exempt or it will be taxed.
01 March 2011
Leave encashment while in service is Fully Taxable..
however relief u/s 89 can be claimed
however relief u/s 89 can be claimed
02 March 2011
Agreed. Its taxable.
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