A company Assessee has deposited the Leave encashment to the LIC leave encashment fund and want to get deduction under 43B(f) in the year of deposit...
My question is wheather..
1)the assessee can claim the deduction u/s 43B(f) for actual payment of leave encashment to LIC...???
And what is the procedure to claim the deduction...????
2)Can the Assessee take the exemption of the appeciation in form of interest...??? |