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Sec10(10aa) salary meaning, commission.

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14 March 2013 Sir,
When i was reading the bare act regarding leave encashment , the calculation of salary is given under the explaination of sec10(10) which refers to schedule iv partA rule 2(h), it doesn't mention the commission to be included in the salary.

But when we practice commission is included in salary which is fixed percentage of turnover.
My question is that where is written regarding the commission to be included in salary while computing leave encashment.

14 March 2013
Hi

please follow below link from ICAI



http://wirc-icai.org/wirc_referencer/income%20tax%20&%20wealth%20tax/Income%20from%20Salaries.htm

15 March 2013 Sir,
I know that commission is included in the computation of leave encashment. But where is it written to include commission. Schedule iv part A rule 2(h) does not include commission.
Is it due to judgement


17 July 2013 If leave encasement after retirement is exempted u/s 10(10) commission is fully taxable and even after retirement it is not exempted



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