Income Tax Provision granting Tax Incentive to Employers under Leave Encashment Scheme is Constitutionally Valid: SC [Read Judgment]

A three-judge bench of the Supreme Court while upholding the constitutional validity of Section 43­B(f) of the Income Tax Act, 1961 pertaining to certain deductions to be only on actual payment in respect of any sum payable by the assessee as an employer in lieu of any leave at the credit of his employee, has […]

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