TMI BlogCash equivalent of leave salary payable on the death of a Government servant to his legal heirs-Liability to income-tax-RegardingX X X X Extracts X X X X X X X X Extracts X X X X ..... ers of Income-tax. Sir, Subject: Cash equivalent of leave salary payable on the death of a Government servant to his legal heirs-Liability to income-tax-Regarding. In terms of para. 1(iv) of O.M. No. 16(2)-E.IV(A)/73 dated the 9th January, 1974, issued by the Ministry of Finance, Department of Expenditure, the family of a Government servant, who dies in harness, is entitled to receive the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... overnment servant been alive. In view thereof the amount will not be liable to income-tax. 3. This may kindly be brought to the notice of all the officers working in your charge. Yours faithfully, (Sd.) V.B. Srinivasan, Secretary, Central Board of Direct Taxes. - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagem ..... X X X X Extracts X X X X X X X X Extracts X X X X
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