Anonymous
23

Dear Seniors, Good Afternoon ! Please be advised that the amount of leave encashment is taxable/exempt from tax on termination case
From India, Chennai
Dear Colleague,

Leave encashment is taxable on resignation for a non-government employee based on calculation as per section 10(10AA).

For a government employee, leave encashment received after retirement or resignation is exempt from tax.

From India, Chennai
Anonymous
23

Dear Siva Sir, Good Morning ! Noted with thanks for your reply. Kindly advise incase of Termination same resignation 10AA calculation will be applicable.
From India, Chennai

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