Dear friends, Do you know that leave encashment at the time of resignation is tax-free? Pl see attached article and claim your exemption accordingly. Regards,
From India, Malappuram
Acknowledge(0)
Amend(0)
1446From India, Malappuram
Acknowledge(0)Amend(0)
Tax on Leave Encashment (mymisccollection) <link updated to site home>
( Search On Cite | Search On Google )
Leave Encashment should not be taxed after the ruling from the Madras High Court. For the purpose of Section 10(10AA), the term 'Superannuation or otherwise' covers resignation (CIT Vs. R.V. Shahney 159 ITR 160(Madras).
From India, Bangalore
Acknowledge(0)Amend(0)
( Search On Cite | Search On Google )
Leave Encashment should not be taxed after the ruling from the Madras High Court. For the purpose of Section 10(10AA), the term 'Superannuation or otherwise' covers resignation (CIT Vs. R.V. Shahney 159 ITR 160(Madras).
From India, Bangalore
Acknowledge(0)Amend(0)Join Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
Taxability of leave encashment on resignation.doc
PF Contribution on Leave Encashment - Clarification by EPFO.pdf