If an employee, at the time of service, wishes to surrender his pending leave and wants to encash them. That amount is taxable or exempt? At the time of working.
When he resigns or ends of service, that amount will be exempt subject to section 89.
Leave encashment at the time of service
Avinash Jeevan Dsouza (Assistant In Charge Accountant) (3292 Points)
08 June 2022
CAclubindia
