Hello, What will happen if a employee join a private company in Apr, 2021 and left the company in Nov, 2021... After leaving the company he got the leave encashment, out of which how much will be taxable amount and how much can be considered as tax exemption? If you could reply then it will be really helpful.
PSU Bank employee retired normally, whether leave encashment on retirement is fully exempted or Rs.3.00 lac exempted and rest amt. is taxed, what is tax rule ?
Sir After superannuation in how many days I can take leave encashment. I am retiring in Nov 2022 And can I take encashment in April 2023. To avoid tax.
Classess are recorded you will get 80 hours of video session along with notes, PDF and excel file. You can login and access you course as per your convenient.
Sir, As per section 89 rule 21A, a state or a central govt employee can get relief with leave encashment under section 89 by filling 10E. Can you help with 10E filling in such cases?
Dear sir, I was retired in March 2023 from bank. My employer calculate my leave encashment in salary of March 2023 and deduted tax that show in form 16 and 26 AS but payable amount after tax hold at his end not paid to me upto 31 March 2023, this amount was paid by employer on 06 April 2023 then this amount will count in F.Y.2022-23 or 2023-24, Please suggest me.
I retired in Nov 2022 from bank.As per revised salary I got around 2.64 lakh for difference in PL encashment of 8 months in Financial year 2024-25. As at present leave encashment is not taxable upto 25 Lakh. In 2022-23 what I have got above 3 lakh given tax.Arrear 2.64 Lakhs I have got if taxable or not in FY 2024-25?
Sir, mine is also same case as sri harichander , pls clarify me that whether it count for financial year 23-24 or 22-23, as the amount was paid in the month of April 23 and tax collected from me from my March salary as it was shown in March salary slip and the amount kept on hold and paid in April23
Sir mere father government teacher the or uska leave encashment paise mother k account me credit hua he to vo taxble hoga ya exception hoga pls guide me sir pls
Well explanation
Hello,
What will happen if a employee join a private company in Apr, 2021 and left the company in Nov, 2021... After leaving the company he got the leave encashment, out of which how much will be taxable amount and how much can be considered as tax exemption?
If you could reply then it will be really helpful.
Please reply
?
Very well explained thanks Sir
PSU Bank employee retired normally, whether leave encashment on retirement is fully exempted or Rs.3.00 lac exempted and rest amt. is taxed, what is tax rule ?
What happened to leave Encashment after resignation (not retirement). Joined another company next week???
then Availment of exemption in previous company shall not be Allowed, and remaining exemtion Allowed towards new company.
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Nice explain
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Sir
After superannuation in how many days I can take leave encashment.
I am retiring in Nov 2022
And can I take encashment in April 2023.
To avoid tax.
Sir leave encashment received during service ka relief nahi milta n under section 89(1). Please reply sir as I am confused
Classes timing sir ?
Classess are recorded you will get 80 hours of video session along with notes, PDF and excel file. You can login and access you course as per your convenient.
Bhar ne ka option e nahi dekhaya in ITR1 me.
Sir, As per section 89 rule 21A, a state or a central govt employee can get relief with leave encashment under section 89 by filling 10E. Can you help with 10E filling in such cases?
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Dear sir, I was retired in March 2023 from bank. My employer calculate my leave encashment in salary of March 2023 and deduted tax that show in form 16 and 26 AS but payable amount after tax hold at his end not paid to me upto 31 March 2023, this amount was paid by employer on 06 April 2023 then this amount will count in F.Y.2022-23 or 2023-24, Please suggest me.
I retired in Nov 2022 from bank.As per revised salary I got around 2.64 lakh for difference in PL encashment of 8 months in Financial year 2024-25. As at present leave encashment is not taxable upto 25 Lakh.
In 2022-23 what I have got above 3 lakh given tax.Arrear 2.64 Lakhs I have got if taxable or not in FY 2024-25?
How about I resigned and left with 17 months of service..? Should they deduct the income tax? they did it btw
If Government Employees Leave Salary Encashment Received Annually Then Fully Taxable ????
Hi sir
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Sir, mine is also same case as sri harichander , pls clarify me that whether it count for financial year 23-24 or 22-23, as the amount was paid in the month of April 23 and tax collected from me from my March salary as it was shown in March salary slip and the amount kept on hold and paid in April23
Sir leave encashment received by bank employees on retirement is it fully taxable or taxfree amount of Rs. 300000? Please reply sir
Government employee Vrs Leta hai to Bhi leave Encashment ka Amount exempt Hoga na ?
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Sir mere father government teacher the or uska leave encashment paise mother k account me credit hua he to vo taxble hoga ya exception hoga pls guide me sir pls
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