Encashment of leave-Taxability regarding

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... All Commissioners of Income-tax. Sir, Subject: Encashment of leave-Taxability regarding. A large number of references have been received by the Board on the decision of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ment is that the amounts received on encashment of leave salary due to an employee, either in service or at the time of his retirement are taxable as part of salary income. 3. All Income-tax Officer .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X