AI Drafter - (New and Powerful) 
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter. 
TaxTMI 
TaxTMI 
Home / 
Amount received by way of encashment of leave can be treated as salary for the purposes of relief u/s 89(1) of Income Tax Act, 1961.
X X X X Extracts X X X X
X X X X Extracts X X X X
....ed by the Board seeking clarification whether the amount received by way of encashment of leave can be treated as salary for the purposes of relief u/s 89(1) of the Income-tax Act, 1961. 2. Relief u/s 89(1) of the Act is admissible to an assessee who receives a portion of salary either in arrears or in advance or if he receives in any financial year salary for more than 12 months. The amount re....