https://www.taxtmi.com/caselaws?id=461100 The HC ruled that it cannot compel the Government to retrospectively revise the income tax exemption limit for encashment of earned leave salary under Section 10(10AA)(ii) of the Income Tax Act, 1961. The petitioners, retired employees, sought this revision for those who retired before the 2023 notification, which raised the limit to Rs. 25 lakhs. The Court emphasized the separation of powers, noting that such policy decisions fall within the Government's domain. The petitions were disposed of, allowing petitioners to make representations to the Government for consideration. en-us Mon, 10 Jun 2024 00:00:00 +0530 Wed, 12 Mar 2025 19:03:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461100 The HC ruled that it cannot compel the Government to retrospectively revise the income tax exemption limit for encashment of earned leave salary under Section 10(10AA)(ii) of the Income Tax Act, 1961. The petitioners, retired employees, sought this revision for those who retired before the 2023 notification, which raised the limit to Rs. 25 lakhs. The Court emphasized the separation of powers, noting that such policy decisions fall within the Government's domain. The petitions were disposed of, allowing petitioners to make representations to the Government for consideration. Case-Laws Income Tax Mon, 10 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461100