leave valuation method

[udit gupta]

Dear Sir, What is leave valuation method ? please advise me. Regards Narenda

[Surender Gupta]

Please see Rule 2B of Income Tax Rules, 1962.

[DEV KUMAR KOTHARI]

Your query is vague and incomplete.

Do you want leave valuation for taxabilty as perks,  allowability  as expenditure or for accounting purposes?

AI Summary

Clarification Sought on Leave Valuation: Taxable Perks, Expenditure Allowability, or Accounting? Refer Rule 2B, Income Tax Rules 1962. A query was raised regarding the method of leave valuation, seeking advice on the topic. One response directed the inquirer to Rule 2B of the Income Tax Rules, 1962, for guidance. Another respondent noted that the query was vague and incomplete, asking whether the interest was in leave valuation for taxability as perks, allowability as expenditure, or for accounting purposes. The discussion aimed to clarify the specific context in which leave valuation was being considered.