Earned Leave encashment

Internal Audit 1778 views 1 replies

While 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.

Replies (1)

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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