Income Tax on leave Encashment paid by BSNL:
updated on 15 February, 2021
Income Tax on leave Encashment paid by BSNL:-
Comrade Prahlad Rai GS AIRBSNLEWA discussed with GM Taxation BSNL CO on the issue of Income Tax notices/ demand note received by BSNL pensioners for the payment of Income Tax on leave Encashment paid by BSNL on combined leave of DoT and BSNL. Against this AIRBSNLEWA has written to CMD BSNL for taking up the matter with Income Tax department. BSNL vide its letter issued in th year 2012 categorically mentioned that DoT period leaves Encashment is exempted from Income Tax payment
,accordingly the IT was not deducted from leave encasement. Now IT department has issued notices/ demand note for IT payment to BSNL pensioners. AIRBSNLEWA has protested against these notices. GM Taxation BSNL CO New Delhi today informed that our letter has been discussed with the competent authority and it is decided that a letter will be sent to DoT to take up the matter with Ministery of Finance, Govt of India for the withdrawal of notice/ demand note.