https://www.taxtmi.com/caselaws?id=311131 The appeal was allowed, granting the assessee the benefit of exemption on leave encashment under Section 10(10AA) of the Income Tax Act, 1961. The Tribunal found that the assessee, initially appointed in the Central Government and later absorbed into BSNL, was entitled to the exemption. The lower authorities, including the CIT(A) and Assessing Officer, had incorrectly disallowed the exemption by failing to consider the assessee's initial appointment and relevant Tribunal decisions. en-us Wed, 19 Jul 2023 00:00:00 +0530 Sat, 09 Dec 2023 08:56:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311131 The appeal was allowed, granting the assessee the benefit of exemption on leave encashment under Section 10(10AA) of the Income Tax Act, 1961. The Tribunal found that the assessee, initially appointed in the Central Government and later absorbed into BSNL, was entitled to the exemption. The lower authorities, including the CIT(A) and Assessing Officer, had incorrectly disallowed the exemption by failing to consider the assessee's initial appointment and relevant Tribunal decisions. Case-Laws Income Tax Wed, 19 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311131