https://www.taxtmi.com/caselaws?id=467054 Claim for leave encashment exemption was assessed by reference to the scope of sub-clause (ii) of the statutory exemption and the Central Government notification fixing the permissible limit at 25,00,000 with effect from 1 April 2023; coordinate-bench decisions and a higher-court view were applied to treat the enhanced limit as applicable to the revised-return claim. On the stated facts the Tribunal allowed the assessee's revised claim for leave encashment exemption and directed the Assessing Officer to accept the claim as filed in the revised return. en-us Thu, 13 Mar 2025 00:00:00 +0530 Tue, 03 Mar 2026 17:28:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467054 Claim for leave encashment exemption was assessed by reference to the scope of sub-clause (ii) of the statutory exemption and the Central Government notification fixing the permissible limit at 25,00,000 with effect from 1 April 2023; coordinate-bench decisions and a higher-court view were applied to treat the enhanced limit as applicable to the revised-return claim. On the stated facts the Tribunal allowed the assessee's revised claim for leave encashment exemption and directed the Assessing Officer to accept the claim as filed in the revised return. Case-Laws Income Tax Thu, 13 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467054