https://www.taxtmi.com/caselaws?id=795505 Leave-encashment exemption under Section 10(10AA)(ii) extends to the entire claimed amount where it falls within the retrospectively enhanced exemption limit. Notification No. 31/2023 increased the applicable limit to Rs. 25 lakh with retrospective effect, supporting exemption of the leave-encashment amount received by the assessee. The enhanced limit was applied consistently with coordinate-bench decisions, resulting in full exemption for the claimed receipt. 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 Leave-encashment exemption under Section 10(10AA)(ii) extends to the entire claimed amount where it falls within the retrospectively enhanced exemption limit. Notification No. 31/2023 increased the applicable limit to Rs. 25 lakh with retrospective effect, supporting exemption of the leave-encashment amount received by the assessee. The enhanced limit was applied consistently with coordinate-bench decisions, resulting in full exemption for the claimed receipt. Case-Laws Income Tax Thu, 18 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795505