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Vinod joined on 01/01/90 in ABC Ltd.

Vinod joined on 01/01/90 in ABC Ltd. and retired on 01/01/2007.Employee paid leave encashment of Rs. 4,00,000/-. His last drawn salary is Rs. 25000/-. His last 10 months average salary is 23500/-. He availed 150 days leave during the service. What will be his taxable leave salary amount?

A.

4,00,000

B.

2,35,000

C.

2,82,000

D.

1,65,000

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