10-mark question · Part C · Law of Taxation
The assessee was employed in a private limited company for the last one year . Basic salary is Rs. 14,300 p.m., D.A. is Rs. 5,200, special allowance is Rs. 1,650, CCA is Rs. 350 and other allowances are Rs. 1,660. What are the provisions for the unutilized earned leave and the exemption available to him on the above receipt? Is the unutilized earned leave totally exempt, if not to what extent is it taxable?
Frequency
1×
papers in the bank
Marks
10
common OU pattern
Years
2014
Appeared in
- Law of Taxation · May/June 2014 Mapped paper Download
Mapped topics
- Salary and income from house property — Unit II
- Profits of business, capital gains and other sources — Unit II
Mapped case laws
Not mapped to a case yet.