Exemption regarding leave encashment and gratuity received

Discussion in 'Tax queries' started by saniya, Apr 5, 2014.

  1. saniya

    saniya Member

    suppose mr. x resigned the company1 and encashed the leave encashment and gratuity and also the balance in reconized provident fund after serving the company for a period of 2.5 years and received leave encashment 23554 and gratuity 17377 and pf bal Employer contribution to PF 16771 and Interest on Employer contribution to PF 1816. After resigning company1 joined company2 and total other income from both company is about 4 lacs. so what can be the maximum exemption to be claimed in respect of leave encashment , gratuity and provident fund amount.

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