https://www.taxtmi.com/caselaws?id=467058 Notification dated 24.05.2023 increases the leave encashment exemption to Rs. 25 lakhs and extends the benefit to non government employees; it operates retrospectively, so administrative and appellate orders that failed to apply the notification must be set aside and the exemption granted where the assessee's receipt falls within the increased limit. The delay in filing the appeal was condoned and did not preclude substantive relief. The practical effect is that eligible non government employees are entitled to the higher exemption and prior assessments or orders denying the balance must be reopened or corrected accordingly. en-us Wed, 06 Aug 2025 00:00:00 +0530 Tue, 03 Mar 2026 17:28:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467058 Notification dated 24.05.2023 increases the leave encashment exemption to Rs. 25 lakhs and extends the benefit to non government employees; it operates retrospectively, so administrative and appellate orders that failed to apply the notification must be set aside and the exemption granted where the assessee's receipt falls within the increased limit. The delay in filing the appeal was condoned and did not preclude substantive relief. The practical effect is that eligible non government employees are entitled to the higher exemption and prior assessments or orders denying the balance must be reopened or corrected accordingly. Case-Laws Income Tax Wed, 06 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467058