https://www.taxtmi.com/caselaws?id=307078 The Tribunal condoned the delay in filing the appeal, attributing it to professional advice, and allowed the appeal to proceed. Regarding the exemption under Section 10(10AA)(i) of the Income Tax Act, the Tribunal granted full exemption for leave encashment earned before absorption by MTNL, as the assessee was a Central Government employee during that period. Leave encashment accrued after absorption was subject to a different exemption provision. The Tribunal directed the Assessing Officer to recompute the exemption accordingly, ultimately ruling in favor of the assessee based on the Act's provisions. en-us Tue, 05 Feb 2019 00:00:00 +0530 Thu, 16 Mar 2023 21:19:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307078 The Tribunal condoned the delay in filing the appeal, attributing it to professional advice, and allowed the appeal to proceed. Regarding the exemption under Section 10(10AA)(i) of the Income Tax Act, the Tribunal granted full exemption for leave encashment earned before absorption by MTNL, as the assessee was a Central Government employee during that period. Leave encashment accrued after absorption was subject to a different exemption provision. The Tribunal directed the Assessing Officer to recompute the exemption accordingly, ultimately ruling in favor of the assessee based on the Act's provisions. Case-Laws Income Tax Tue, 05 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307078