Tax on leave encashment

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..... Tax on leave encashment
Query (Issue) Started By: - udit gupta Dated:- 25-10-2010 Last Reply Date:- 26-10-2010 Income Tax
Got 1 Reply
Income Tax
Dear Sir, Please suggest me :- Q:- Ramesh .....

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..... was working pvt ltd. company and he worked 6 year after he left the company Dated 10.10.10 and his basic salary of Rs. 3,00,000 at the time of leaving and his balance leave is 72 then what will be tax .....

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..... please advise. last basic - 300000 Leave balance - 72 date of leaving company- 10.10.10 Tax ??? Regards Udit Reply By CA Rachit Agarwal: The Reply: Please give the details of yearswise for which .....

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..... leave encashment to be granted. This information is neccessary beacause leave encashment each year could not exceed 30 days per year. The words are "Each completed year of service".
Discussion F .....

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..... orum - Knowledge Sharing .....

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