VRS 2019 – DEDUCTION OF INCOME TAX FROM EX-GRATIA AND LEAVE ENCASHMENT – BSNL HQ ORDER vide its No.100-09/2019-20/Taxation/BSNL VRS 2019/3762 dated 20.03.2020 – Ex-gratia may be considered as a part of salary and TDS may be deducted on the first instalment of ex-gratia to be paid on 31.03.2020. TDS on second instalment of ex-gratia to be paid in subsequent financial year shall be deducted and deposited in that financial year. TDS will also be required to be deducted at the time of payment of leave encashment.
click: 23.03.2020 bsnl GUIDELINE ON IT DEDUCTION EX GRATIA.pdf
