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Tds on leave encashment

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(Querist)
28 January 2014 Is TDS applicable on Leave Encashment? If yes,than on which amount?
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@VaibhavJ

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@VaibhavJ (Expert)
28 January 2014 Hi

If it is paid on retirement / at the time termination/resignation & paid as per IT rules then it is not taxable.

Thx

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