My question pertains to whether the leave encashed to an employee is taxable under the provision of Income Tax ?
Thanks,
Sanjay Agarwal
Sanjay Agarwal (Dy. General Manager [HR]) 19 May 2010
My question pertains to whether the leave encashed to an employee is taxable under the provision of Income Tax ?
Thanks,
Sanjay Agarwal
Vineet (Director) 19 May 2010
yes leave encashed is includible in taxable salary income of the employee u/s 17(1)(va) of the Act.
Member Strength 9,46,578 and growing..
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
