PSU Retirement Leave Encashment
This query is : Resolved
07 November 2020
I am a retired person of PSU sector and having pension from employer , want to know that is there any provision of Income Tax regarding leave encashment at the time of retirement is fully exempted from taxable income...just like Govt employees. u/s 10(10AA) is allowing maximum Rs. 3 lac in considering the least alternatives for other than Govt employees.
Kindly clarify it as soon as possible..
Ayan Kumar Dey
Kolkata
Kindly clarify it as soon as possible..
Ayan Kumar Dey
Kolkata
08 November 2020
PSU employees will be allowed maximum Rs. 3 lac in considering the least alternatives for other than Govt employees.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS DEMAND.
- Joint Account Closure
- 139(4) for ITR-5- audit
- TDS-Fixed assets
- RCM PAID ON RENT IN RESTAURANT BUSINESS @ GST RATE 5%
- Registartion of trust
- TDS can We Adjust 194C Amount to 194J
- Mentioned xyz as employer name instead of xyz LLC in ITR
- NATURE OF PENALTY AND INTEREST UNDER TAXATION
- Reversal of unutilized ITC can be paid through ITC
- Claiming TDS credit of unclaimed TDS of past years
- GST APPLICABILITY FOR PLANTS
- OMR sheet / MCQ booklet no / error
- Availment of GST Input
- HELP-1st Group final exam for old student
- Ammended B2B invoice not displayed in GST2B
- TDS OR GST APPLICABLITY
- FORM SPL-02
- Complication in generating GSTR-2B
- Sale of liquidated company
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert14 February 2025 -
Survey, Search and Seizure under Income Tax Act 1961
CA Hari Agarwal
CAclubindia
