alleryStart learning →Leave encashment payable to employees is allowed under 43B(f) on what basis?
AProvision in accounts
BActual payment basis
CValuation by actuary
DMercantile accrual basis
Answer & Solution
Correct answer: B. Actual payment basis
Section 43B(f) covers sums payable to employees in lieu of leave at credit, which are deductible only when paid.
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