Leave salary
This query is : Resolved
24 January 2012
my uncle retired as BSNL J.E and received an amount of 4,08,504/- as Leave Salary?
my qs is that can we treat him as a govt. employee.
and if taxable how tax he have to pay?
my qs is that can we treat him as a govt. employee.
and if taxable how tax he have to pay?
24 January 2012
Leave salary given to Central/State Government employees at the time of retirement /superannuation in respect of period of earned leave at his credit ,is fully exempted.{section 10(10AA)(i)}
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