Leave encashment

This query is : Resolved 

07 September 2011 Whether leave encashment received by the nominee after the death of emoployee of government is taxable or is Exempt from tax

07 September 2011 Leave salary paid to the legal heir of deceased government employee is not taxable as salary

07 September 2011 No. I disagree with Mr Beldona. It is not completely tax-free. Maximum tax free amount is Rs.3,00,000/-. There is a calculation method for this.




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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries