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Q. > Please Help: creation of Trust for the purpose of leave encashment
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359 views • Question added Sep 28, 2011 • Income Tax • By vikas , CA


when leave encasement is paid to an Employee, it is allowable expenditure for company, so that it is fully taxable in hands of employee. That is why , i want to create a Irrevocable Trust in company, and all leave encasement money is transferred to this Trust and provides facility to Employees through this route. Is it possible

in other words, i want to create a trust (as like gratuity trust)

1 Answers

answered Sep 30, 2011 by ca nitin

Dear your question & intension is not clear.if u send it clearly on my mail id falconadvisoryservice@gmail.com.than i will surely help u


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