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Outdated ₹3 Lakh Leave Encashment Cap Cannot Deny Relief When Later Notifications Enhance Limit
Case Law Details
- Case Name
- Sudhakar Gundappa Paldewar Vs CIT (Appeals) (ITAT Pune)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2020-21
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Sudhakar Gundappa Paldewar Vs CIT (Appeals) (ITAT Pune)
The appeal concerns the taxation of leave encashment claimed by a retired PSU Bank employee under Section 10(10AA) of the Income Tax Act, 1961. The assessee had filed a return for AY 2020-21 claiming exemption under Section 10(10AA)(i) as if he were a government employee, seeking a refund of Rs. 1,96,170. The CPC/AO restricted the exemption to Rs. 3,00,000 under Section 10(10AA)(ii), taxing the remaining unutilized earned leave, and reduced the refund to Rs. 1,31,291. Subsequent rectification under Section 154 rejected ...
Author Info
I was retired from Bank of India on 30.04.2022 . My case is same as of Ram Charan Gupta . Please suggest me CA who Can help me to claim increased exemption Limit.
Raman Hari Parkar
Mob. No. 9869465491
Email: [email protected]
Sir,
I was Retired from State Bank of India on 31/01/19. My case is similar to the cae of Sudhakar Gundappa Paldewar Vs CIT (Appeals) (ITAT Pune) as published by you on 22.11.2025. I want to file an appeal for refund of Income tax on account of leave encashment where Income tax department allowed exemption for Rs.300000/- only. Please suggest some CA/ Income tax lawyer who is familiar with the case. I shall be grateful for the same.
Avnish Dasgupta
9 8 2 7 5 4 8 6 9 6
E-mail- a.dasgupta1959 @ gmail.com