CS Abhijeet soni Advocate (CS LLB MCOM MBA (FINANCE) MPHIL CA INTER PGDCA PGDA&PR ) (931 Points)
25 October 2011
Arniv Sharda
(CA Final)
(3006 Points)
Replied 25 October 2011
i don't think it would be applicable
plz tell if m wrong
cheers
ACCOUNTANT
(Student)
(559 Points)
Replied 25 October 2011
It is specifically exempt only for the government employees.....i.e., the encashment is a result of some state or central govt. employment......May be it needs to be calculated like how it's calculated for other employees for receipt of leave salary on retirement.....
Shah Tarun
(Student)
(800 Points)
Replied 25 October 2011
CS Abhijeet soni Advocate
(CS LLB MCOM MBA (FINANCE) MPHIL CA INTER PGDCA PGDA&PR )
(931 Points)
Replied 25 October 2011
Sheena Maheshwari
(ARTICLESHIP)
(240 Points)
Replied 25 October 2011
refer to this link..you'll get your answer. https://taxpointindia.com/leaveencashment.html
Shah Tarun
(Student)
(800 Points)
Replied 25 October 2011
CS Abhijeet soni Advocate
(CS LLB MCOM MBA (FINANCE) MPHIL CA INTER PGDCA PGDA&PR )
(931 Points)
Replied 26 October 2011
CAclubindia
