https://www.taxtmi.com/caselaws?id=795505 The article addresses exemption of leave-encashment receipts under Section 10(10AA)(ii) of the Income-tax Act, 1961. It states that Notification No. 31/2023 enhanced the applicable exemption limit retrospectively, and that this enhanced limit covered the leave-encashment amount received by the assessee. The article further notes that the appeal delay was condoned because the retrospective notification formed the basis of the exemption claim. Its stated conclusion is that the entire claimed leave-encashment amount qualified for exemption. en-us Thu, 18 Jun 2026 00:00:00 +0530 Thu, 23 Jul 2026 08:42:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795505 The article addresses exemption of leave-encashment receipts under Section 10(10AA)(ii) of the Income-tax Act, 1961. It states that Notification No. 31/2023 enhanced the applicable exemption limit retrospectively, and that this enhanced limit covered the leave-encashment amount received by the assessee. The article further notes that the appeal delay was condoned because the retrospective notification formed the basis of the exemption claim. Its stated conclusion is that the entire claimed leave-encashment amount qualified for exemption. Case-Laws Income Tax Thu, 18 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795505