Claiming section 89 benefit for leave encashment during service
dilip (AO) (26 Points)
15 March 2017dilip (AO) (26 Points)
15 March 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(174595 Points)
Replied 16 March 2017
Generally divided as per the number of leaves earned in each year.
Padmini
(Coder)
(32 Points)
Replied 31 July 2023
Hi Dilip, Thanks for your query. One thing I understand from your query is that claiming relief is only helpful when the tax slab for the year of Earning the leaves is lower than slabs of year in which encashment is credited. This helped.
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