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.
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