https://www.taxtmi.com/caselaws?id=280764 The appellant contested the denial of exemption under Section 10(10AA)(ii) of the Income Tax Act for Leave Encashment. The AO limited the exemption to Rs. 3,00,000, adding Rs. 1,94,340 to the assessed income. The ld. CIT(A) upheld this decision, stating full exemption is for Govt. employees only. The ITAT Delhi overturned this, citing a similar case where exemption was allowed, directing the AO to grant the appellant's exemption claim. The appeal was allowed in favor of the appellant on 28/09/2016. en-us Wed, 28 Sep 2016 00:00:00 +0530 Tue, 21 May 2019 06:17:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280764 The appellant contested the denial of exemption under Section 10(10AA)(ii) of the Income Tax Act for Leave Encashment. The AO limited the exemption to Rs. 3,00,000, adding Rs. 1,94,340 to the assessed income. The ld. CIT(A) upheld this decision, stating full exemption is for Govt. employees only. The ITAT Delhi overturned this, citing a similar case where exemption was allowed, directing the AO to grant the appellant's exemption claim. The appeal was allowed in favor of the appellant on 28/09/2016. Case-Laws Income Tax Wed, 28 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280764