02 November 2011
Actually I changed to new company (after working in old company for 5 years) and from old company i got Leave Pay Encashment calculated on basic salary Now i wana to know that whether this is taxable or tax free
03 November 2011
any Monetory or non monetary benefits recived by assesse is subject to tax....So leave encashment recived from old company will be taxable.
CAclubindia
