Tax on leave encashment

Keshav (ABCD) (26 Points)

16 July 2012  

HI,

  I have left emp1 and joined emp2 in the middle of financial year. I have got some amount ( which is very nominal and applicable for tax deduction as per rule 10(10AAA). My ex exmployer has given me that amount under the head "Leave Encashment" but has not considered while calculating tax on it.  my Form 16 has no entry for this as leave encashment.

Now is there any way while filling income tax return i can take advantage of tax benefit on this amount?

 

Thanks

Keshav