https://www.taxtmi.com/caselaws?id=798826 Notification No. 31/2023 enhanced the leave-encashment exemption ceiling for non-Government employees to Rs. 25 lakhs under Section 10(10AA)(ii). The beneficial enhancement applies to eligible claims for assessment years preceding the notification where the leave-encashment amount falls within the enhanced ceiling. Qualifying earlier-year claims may therefore receive exemption up to the revised limit. en-us Wed, 09 Sep 2026 00:00:00 +0530 Sat, 12 Sep 2026 08:41:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798826 Notification No. 31/2023 enhanced the leave-encashment exemption ceiling for non-Government employees to Rs. 25 lakhs under Section 10(10AA)(ii). The beneficial enhancement applies to eligible claims for assessment years preceding the notification where the leave-encashment amount falls within the enhanced ceiling. Qualifying earlier-year claims may therefore receive exemption up to the revised limit. Case-Laws Income Tax Wed, 09 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798826