https://www.taxtmi.com/forum/issue?id=106114 Encashment of accumulated annual leave should be calculated on the basis of Basic Salary plus Dearness Allowance. Practical computation: annualize Basic+DA, multiply by the number of accumulated leave days, and divide by the total days in the year. The response provides this formula as guidance and does not cite any case law or statutory authority. en-us Fri, 20 Sep 2013 21:31:19 +0530 Thu, 23 Jan 2025 15:57:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106114 Encashment of accumulated annual leave should be calculated on the basis of Basic Salary plus Dearness Allowance. Practical computation: annualize Basic+DA, multiply by the number of accumulated leave days, and divide by the total days in the year. The response provides this formula as guidance and does not cite any case law or statutory authority. Discussion-Forum Companies Law Fri, 20 Sep 2013 21:31:19 +0530 https://www.taxtmi.com/forum/issue?id=106114