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Income Tax - Highlights / Catch Notes

Home Highlights February 2013 Year 2013 This

Salary terminology - computation of gratuity and leave ...


Definition of 'Salary' for Gratuity and Leave Encashment is Strictly u/ss 10(10) & 10(AA) of Income Tax Act.

February 4, 2013

Case Laws     Income Tax     AT

Salary terminology - computation of gratuity and leave encashment - definition of 'salary' is squarely and specifically applicable to section 10(10) and 10(AA)and, hence, any other definition of 'salary' cannot be imported and applied to such sections. - AT

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