Dear Senior’s
If xyz organization has reward system in monthly salary, means if any employee doesn't took any leave in that particular month then he will get one day salary as reward. But the thing is this reward is not fixed which is depending upon presence of that particular employee in that month. So as per income tax act this amount of leave award is exempted from salary income tax or not?
Thanks
If xyz organization has reward system in monthly salary, means if any employee doesn't took any leave in that particular month then he will get one day salary as reward. But the thing is this reward is not fixed which is depending upon presence of that particular employee in that month. So as per income tax act this amount of leave award is exempted from salary income tax or not?
Thanks