Dear sir,
At the time of retirement state govertment employee recd. earn leave and un earn leave,surrender leave taxable or exempt?
AUDITOR VINOTHKUMAR (a) (870 Points)
16 April 2019Dear sir,
At the time of retirement state govertment employee recd. earn leave and un earn leave,surrender leave taxable or exempt?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177736 Points)
Replied 16 April 2019
Leave encashment received by Central or State Government employee at the time of retirement or resignation is fully exempt
AUDITOR VINOTHKUMAR
(a)
(870 Points)
Replied 17 April 2019
Dear sir, thanks for reply... At the time of retirement govt. service UN EARN LEAVE u said exempted... but govt. department Tds deducted balance amount only paid. why deducted TDS ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177736 Points)
Replied 17 April 2019
Under the Income Tax Act section 10(10AA), Leave Encashment is exempt to a certain extent.
So, you may claim refund.
Ankit Varshney
(91 Points)
Replied 18 April 2019
Originally posted by : AUDITOR VINOTHKUMAR | ||
Dear expert, pls reply above querry |