Hello members.
Pls help me with this:
Is LTC encashed Taxable?
Gayatri Ramasubramani (Articled assisstant) (93 Points)
25 July 2012Hello members.
Pls help me with this:
Is LTC encashed Taxable?
Yajendra Adhikari
(Chartered Accountant)
(334 Points)
Replied 25 July 2012
Yes, LTC encashed is taxable. It will be tax under the head, " Income From Salary"
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