Suji :-) (Articled Trainee) (28 Points)
28 January 2009While check for Salary TDS, i have come through the earned leave encashment is taken for computation of total income. what are all the points i have to check for it. Also tell me the definition of salary taken for taken computing leave encashment availed during service.
saleemoddin
(php developer)
(66 Points)
Replied 14 May 2009
Hi,
whatever they have done is correct, leave encashment is deductible. You can calculate your income tax at https://www.payit.in
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