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The Income Tax Department in order to overcome the challenge of mismatch between TDS claim as per TDS certificate and the TDS as per NSDL database, has now initiated a facility in the Tax Information Network website (TIN Website) which will enable a deductor to download TDS certificate in Form No.16A from the TIN Website [...]
Leave salary is part of salary as per section 17(1) of the I T Act. As such it is taxable in hand of employee during the employment period. However, if the cash equivalent of leave salary is paid to legal heir on his /her death, the amount is not taxable in hand
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