https://www.taxtmi.com/caselaws?id=468810 For a non-government employee, leave encashment exemption is confined to the notified ceiling under section 10(10AA) of the Income-tax Act, 1961. The CBDT notification limits the exemption to Rs. 3,00,000 for employees who are neither Central Government nor State Government servants, so a higher claim cannot be allowed. The processing adjustment and its confirmation were therefore consistent with law, and the excess exemption claim was rejected. 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=468810 For a non-government employee, leave encashment exemption is confined to the notified ceiling under section 10(10AA) of the Income-tax Act, 1961. The CBDT notification limits the exemption to Rs. 3,00,000 for employees who are neither Central Government nor State Government servants, so a higher claim cannot be allowed. The processing adjustment and its confirmation were therefore consistent with law, and the excess exemption claim was rejected. Case-Laws Income Tax Tue, 11 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468810