Taxability of Leave Encashment Salary in Income Tax with скачать в хорошем качестве

Taxability of Leave Encashment Salary in Income Tax with

👨🏻‍🎓Join our practical course in GST, Income Tax & TDS - https://fintaxpro.in/courses/ 📍In this session we have discuss about the Taxability of Leave Encashment Salary in Income Tax. Every salaried person as per labour law is entitled to a minimum number of paid leave every year. However, it is not necessary that an individual employee utilises all the leave he is entitled for a year. In fact, most employers allow the employees an option of carrying forward such unutilised paid leaves. This would invariably leave the employee with an accumulated unutilised leave balance at the time of retirement or resignation from the company as the case may be. This compels the employer to compensate the unutilised paid leave of the employees. This concept is better known as leave encashment. 📍Taxation of leave encashment received during the employment is taxable under the head salary. 📍Leave encashed at the time of retirement or resignation 👉Leave encashment received by Central or State Government employee at the time of retirement or resignation is fully exempt 👉Leave encashment received by legal heirs of deceased employee is fully exempt 👉Leave encashment received by Non-Government employee is exempt based on the computation provided under Section 10(10AA)(ii) and balance amount if any is taxable as ‘income from salary’ 📍For consultancy please contact below 📩 info@fintaxpro.in 📞9718097735 📍For query related to course please contact below 📩 info@fintaxpro.in 📞8368741773 Cheers Folks Thanks for Watching :) Team Fintaxpro Our Social Handles- 🔗FB -   / fintaxproca   🔗Telegram - https://t.me/fintaxpro 🔗Instagram -   / fintaxpro_ca   🔗Twitter -   / fintaxpro_ca   🔗Linkedin -   / fintaxpro   🔗Youtube (Fintaxpro) -    / fintaxpro   🔗Youtube (Fintaxpro Finance) -    / @fintaxprofinance8619   🔗Youtube (Fintaxpro English) -    / fintaxproenglish   🌏 Website - https://fintaxpro.in/ Disclaimer- Although all provisions, notifications, updates, and live demos are analyzed in-depth by our team before presenting to the public. We hereby provide our point of view only and tax matters are always subject to frequent changes hence advisory is only for the benefit of the general public. Hence neither Fintaxpro Advisory LLP nor its designated partner is liable for any consequence that arises on the basis of YouTube videos. ©️Fintaxpro Advisory LLP This video will also guide you- leave encashment calculation leave encashment calculation army leave encashment kya hota hai leave encashment exemption in income tax leave encashment calculation for private company leave encashment calculation for central government employees leave encashment in railway leave encashment income tax leave encashment application leave encashment after retirement leave encashment and gratuity leave encashment after death leave encashment arrears after retirement leave encashment bill leave encashment bill in hrms leave encashment bill in ifms leave encashment bill on paymanager leave encashment bill on jkpaysys leave encashment bill on paymanager new process leave encashment bill kaise banaye leave encashment budget demand leave encashment calculation in telugu leave encashment calculation in tamil leave encashment calculation in kannada leave encashment calculation malayalam leave encashment during service 10 days leave encashment calculation 300 days leave encashment formula leave encashment exemption leave encashment exemption calculation leave encashment entry in tally leave encashment entry encashment of earned leave earned leave encashment calculation ifhrms earned leave encashment leave encashment formula leave encashment for ltc leave encashment for teachers leave encashment for govt employees leave encashment format in excel application for leave encashment how leave encashment is calculated leave encashment in hrms leave encashment in tamil leave encashment in itr leave encashment in bank leave encashment in private company leave encashment in tcs is leave encashment taxable jkpaysys leave encashment leave encashment ka formula leave encashment kya hai leave encashment latest news ltc leave encashment rules lpr and leave encashment ltc leave encashment calculator leave encashment meaning in hindi leave encashment malayalam leave encashment meaning encashment of earned leave malayalam leave encashment nikaalne ka tarika leave encashment on retirement leave encashment on resignation leave encashment on death tax on leave encashment on retirement pl leave encashment leave encashment calculation punjab leave encashment retirement bill process leave encashment rules leave encashment rules in railway leave encashment rules in hindi leave encashment retirement bill on paymanager leave encashment railway army leave encashment rules leave encashment salary sec. 10(10aa)