https://www.taxtmi.com/caselaws?id=463007 The ITAT Jaipur allowed the assessee's appeal regarding the claim under section 10(10AA)(ii) for leave encashment exemption. The tribunal held that the revised limit for claiming leave encashment exemption, increased to Rs. 25,00,000/- as per the notification dated 24th May 2023, applies. Consequently, the assessee was entitled to claim a deduction of Rs. 12,09,600/-. The AO was directed to allow the claim within the revised limit prescribed by the notification. en-us Tue, 18 Feb 2025 00:00:00 +0530 Wed, 30 Jul 2025 20:41:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463007 The ITAT Jaipur allowed the assessee's appeal regarding the claim under section 10(10AA)(ii) for leave encashment exemption. The tribunal held that the revised limit for claiming leave encashment exemption, increased to Rs. 25,00,000/- as per the notification dated 24th May 2023, applies. Consequently, the assessee was entitled to claim a deduction of Rs. 12,09,600/-. The AO was directed to allow the claim within the revised limit prescribed by the notification. Case-Laws Income Tax Tue, 18 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463007