Taxation for deferred Leave encashment payment

This query is : Resolved 

17 July 2022 Hi experts,

My last working day at my previous company was on 7th Mar, 2021. I received leave encashment after some months and the ex-employer has provided the FY 21-22 Form 16 having the leave encashment payment details.

1. Please tell how should I mention this payment in current ITR filing?

2. Will form 10E be required to get relief u./s. 89?

3. Which annexure should be selected in Form 10E for leave encashment on resignation?

4. How do I mention amount after exemption under 10(10AA) while filling Form 10E and ITR?

Thank you.

17 July 2022 As the owner has declared it in form 16 of FY 2021-22, you have an option to declare the income in the same FY. No need of filing form 10E.

17 July 2022 Thank you Sir for confirming


18 July 2022 Most welcome...



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