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Thread: Is encashment of EL for LTC taxable ?

  1. #1
    Member coolgoose2 is on a distinguished road
    Join Date
    Sep 2008

    Default Is encashment of EL for LTC taxable ?

    Hi all

    I have availed LTC for the bloc year 2006-09 and encashed 10 days EL in this year. Is the amount received taxable ?


  2. #2
    Junior Member jayakumarbalaji is on a distinguished road
    Join Date
    Oct 2008

    Default Encashment of E.L for LTC taxable

    Yes. It is taxable. for any tax related quires contact: [email protected]

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