Share:   Share on facebook   Share on twitter   Share on linkedin

        Home        
 
Blank
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 exempton under Sec 10(10AA) for bank employees, Income Tax

Issue Id: - 118154
Dated: 12-9-2022
By:- JAYANTL AASHER
Leave encashment exempton under Sec 10(10AA) for bank employees

  • Contents

Can bank employees be treated on par with Government employees for the purposes of claiming full exemption under section10(10AA) in respect of encashment of leave salary?

Post Reply

Posts / Replies

Showing Replies 1 to 1 of 1 Records

1 Dated: 12-9-2022
By:- Manoranjan Behera

Hi

It has been held by Delhi High court and Supreme Court too, that PSU Bank employees cannot be treated at par with Government employees.

Delhi high court: Kamal Kumar Kalia & Others Vs Union of India = 2019 (11) TMI 1143 - DELHI HIGH COURT.


1

Post Reply