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Income Tax - Highlights / Catch Notes

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Disallowance of the provisions made for leave encashment - Post ...


Leave Encashment Deductions Post-April 2001 Only Allowed Upon Actual Payment in Previous Year.

January 2, 2024

Case Laws     Income Tax     AT

Disallowance of the provisions made for leave encashment - Post 01.04.2001, deduction of any sum on account of payment towards employees leave encashment would be allowed only in the previous year when assessee makes actual payment - AT

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