| Discussions Forum | ||
Home  Forum Income Tax This
|
||
| A Public Forum. Anyone can participate to share knowledge. |
||
|---|---|---|
| We acknowledge the contributions of Experts/ Authors. | ||
Submit new Issue / Query |
||
Leave encashment, Income Tax |
||
|
||
Leave encashment |
||
Leave encashment on retirement is fully exempt under section10(10aa) of the Income Tax Act for central and state govt. employees. Can the employees from Fully state aided educational institutions be treated at par with state govt employees as the amount is received directly from state treasury. Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
No employee would be treated as non govt employee. This view also takes support as employees of local authority or PSU are also not treated as Govt employees for the purpose. Page: 1 Old Query - New Comments are closed. |
||
