Easy Office
LCI Learning

voluntary retirment payments, gratuity & leave encashments

This query is : Resolved 

12 November 2008 What are provisions reg above & to what extent there is no TDS liability?

12 November 2008 See section 10(10C)and 10(10) of Income Tax Act 1961.

12 November 2008 VRS payment icluding all the payments are exempted u/s. 10(10D) till the limit Rs. 5 Lakhs and above amount if any can bifercated u/s. 89(1) of the Act.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query