https://www.taxtmi.com/caselaws?id=767233 Leave encashment received on retirement was held to qualify for exemption under section 10(10AA) within the revised statutory ceiling. The Tribunal applied the enhanced limit notified in May 2023 and followed its earlier coordinate bench view that the revised cap governs such retirement receipts. On that basis, the assessee's claim fell within the permissible exemption limit and the disallowance could not be sustained, so the addition was deleted. en-us Wed, 05 Mar 2025 00:00:00 +0530 Wed, 12 Mar 2025 09:07:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767233 Leave encashment received on retirement was held to qualify for exemption under section 10(10AA) within the revised statutory ceiling. The Tribunal applied the enhanced limit notified in May 2023 and followed its earlier coordinate bench view that the revised cap governs such retirement receipts. On that basis, the assessee's claim fell within the permissible exemption limit and the disallowance could not be sustained, so the addition was deleted. Case-Laws Income Tax Wed, 05 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767233