https://www.desidime.com/discussions/can-we-claimg-leave-exmeption-while-working-in-a-company?page=1#post_9179000
Mostly it will be while leaving the organization but depends on their internal policies.
Can we claim leave exmeption while working in a company?
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I have received 8k amount of leave enacshment at the end of the year, however I have not resigned. I work in a private company.
Will I be eligble for exemption on leave encashment or is it applicable only at the time of resignation?
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https://www.desidime.com/discussions/can-we-claimg-leave-exmeption-while-working-in-a-company?page=1#post_9179016
Depending on company policy
Some company allows each year to either encash or carry forward
https://www.desidime.com/discussions/can-we-claimg-leave-exmeption-while-working-in-a-company?page=1#post_9179061
dlhntr wrote:that is true, leave encashment depends on company's policy.Depending on company policy
Some company allows each year to either encash or carry forward
But I am asking about the exemption on leave encashment.
https://www.desidime.com/discussions/can-we-claimg-leave-exmeption-while-working-in-a-company?page=1#post_9179082
It is taxable as per your income slab, as you haven't resigned.
https://www.desidime.com/discussions/can-we-claimg-leave-exmeption-while-working-in-a-company?page=1#post_9179122
https://www.desidime.com/discussions/can-we-claimg-leave-exmeption-while-working-in-a-company?page=1#post_9179617
https://www.desidime.com/discussions/can-we-claimg-leave-exmeption-while-working-in-a-company?page=1#post_9179620
Vinayvickey wrote:
Leave Encashment Received while in service is Fully Taxable
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