https://www.taxtmi.com/caselaws?id=796821 Section 10(10AA)(ii) leave-encashment exemption is discussed in light of Notification No. 31/2023, which raised the ceiling for non-government employees from Rs. 3 lakh to Rs. 25 lakh. The enhancement is characterised as beneficial and remedial, intended to remove disparity with government employees and mitigate hardship; it may therefore apply liberally to pending proceedings where no vested Revenue right is affected. The notes also describe a liberal, justice-oriented approach to "sufficient cause" for condoning filing delay under section 249(3), where illness, bereavement, bona fides, and absence of deliberate inaction are established. en-us Wed, 05 Aug 2026 00:00:00 +0530 Tue, 11 Aug 2026 08:47:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796821 Section 10(10AA)(ii) leave-encashment exemption is discussed in light of Notification No. 31/2023, which raised the ceiling for non-government employees from Rs. 3 lakh to Rs. 25 lakh. The enhancement is characterised as beneficial and remedial, intended to remove disparity with government employees and mitigate hardship; it may therefore apply liberally to pending proceedings where no vested Revenue right is affected. The notes also describe a liberal, justice-oriented approach to "sufficient cause" for condoning filing delay under section 249(3), where illness, bereavement, bona fides, and absence of deliberate inaction are established. Case-Laws Income Tax Wed, 05 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796821