https://www.taxtmi.com/caselaws?id=467061 Exemption for leave encashment is applicable where the claimed amounts fall within the revised administrative limit; the ITAT applied the leave-encashment exemption provision together with the increased threshold set by the authority's notification and held that the assessing authority must allow the claim to the extent it falls within the revised limit, resulting in allowance of the assessees' full claimed exemption on retirement. en-us Wed, 29 Oct 2025 00:00:00 +0530 Tue, 03 Mar 2026 17:28:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467061 Exemption for leave encashment is applicable where the claimed amounts fall within the revised administrative limit; the ITAT applied the leave-encashment exemption provision together with the increased threshold set by the authority's notification and held that the assessing authority must allow the claim to the extent it falls within the revised limit, resulting in allowance of the assessees' full claimed exemption on retirement. Case-Laws Income Tax Wed, 29 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467061