https://www.taxtmi.com/highlights?id=103168 Enhanced leave-encashment exemption for non-government employees is treated as a beneficial, curative fiscal measure addressing hardship from the previously unrevised limit. Such beneficial provisions receive liberal construction and apply to pending proceedings unless retrospective operation is expressly barred. On that basis, the enhanced ceiling under section 10(10AA) applies to Assessment Year 2021-22, allowing exemption of the full leave-encashment receipt within that ceiling and removing the related addition. en-us Fri, 28 Aug 2026 20:47:27 +0530 Fri, 28 Aug 2026 20:47:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=103168 Enhanced leave-encashment exemption for non-government employees is treated as a beneficial, curative fiscal measure addressing hardship from the previously unrevised limit. Such beneficial provisions receive liberal construction and apply to pending proceedings unless retrospective operation is expressly barred. On that basis, the enhanced ceiling under section 10(10AA) applies to Assessment Year 2021-22, allowing exemption of the full leave-encashment receipt within that ceiling and removing the related addition. Highlights Income Tax Fri, 28 Aug 2026 20:47:27 +0530 https://www.taxtmi.com/highlights?id=103168