https://www.taxtmi.com/caselaws?id=468811 For a non-government salaried employee, leave encashment exemption under section 10(10AA) is confined to the CBDT-notified monetary cap. The assessee, not being a Central Government or State Government employee, could not claim exemption beyond that limit, and the adjustment under section 143(1) restricting the claim to Rs. 3,00,000 was upheld. The excess exemption claim was therefore rejected as not allowable under the Act. en-us Tue, 11 Feb 2025 00:00:00 +0530 Thu, 21 May 2026 18:59:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468811 For a non-government salaried employee, leave encashment exemption under section 10(10AA) is confined to the CBDT-notified monetary cap. The assessee, not being a Central Government or State Government employee, could not claim exemption beyond that limit, and the adjustment under section 143(1) restricting the claim to Rs. 3,00,000 was upheld. The excess exemption claim was therefore rejected as not allowable under the Act. Case-Laws Income Tax Tue, 11 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468811