Leave encashment exempton under Sec 10(10AA) for bank employees

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..... Leave encashment exempton under Sec 10(10AA) for bank employees
Query (Issue) Started By: - JAYANTL AASHER Dated:- 12-9-2022 Last Reply Date:- 12-9-2022 Income Tax
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Income Tax
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..... Can bank employees be treated on par with Government employees for the purposes of claiming full exemption under section10(10AA) in respect of encashment of leave salary? Reply By Manoranjan Behera: .....

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..... The Reply: Hi It has been held by Delhi High court and Supreme Court too, that PSU Bank employees cannot be treated at par with Government employees. Delhi high court: Kamal Kumar Kalia & Others V .....

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..... s Union of India = 2019 (11) TMI 1143 - DELHI HIGH COURT.
Discussion Forum - Knowledge Sharing .....

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