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Leave encashment

Direct Taxation

Problem 12 In this how leave encashment 26 camed ?

Screenshot_2020-09-27-09-46-08-136_cn.wps.xiaomi.abroad.lite.jpg

Surya .b

CA Final

★ 5

27-Sep-20 09:48

351

Answers (2)

Last step leave entitlement 26 how it camed ?

Thread Starter

Surya .b

CA Final

★ 5

27-Sep-20 09:49

Thread Starter

Surya .b

Last step leave entitlement 26 how it camed ?

It is clearly stated the leave encashment exempt is lower of a / b/ c /d . C is lowest and hence it is exempt. IF your question is how d is arrived. It clearly says in last bullet in Question that he is entitled to 30 days of leave per year of service i.e 1 month per year so 26 months for 26 years of service