Relief u/s 89
Swati Jain (CA IN PRACTICE) (94 Points)
09 July 2016
Is Relief U/S 89 is also available in case of leave encasement received at the time of retirement ??
1 Replies
Tribhuvan Aditya Singh
(Student as well as Self-employed)
(3710 Points)
Replied 09 July 2016
no relief is admissible in case of leave encashment because this income does not accrue for past years but at the time of retirement.
in other words, accumulation of leave will not amount to accrual of income.
in other words, accumulation of leave will not amount to accrual of income.
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