Leave Encashment Exemption Dispute Remanded as CIT(A) Must Reconsider Claim Afresh

Sharad Shukla Vs ITO (ITAT Agra) The appeal before the Income Tax Appellate Tribunal (ITAT), Agra, related to Assessment Year 2020-21 and arose from an order of the Addl./Joint Commissioner of Income Tax (Appeals), NFAC, Delhi, concerning an intimation issued under Section 143(1) of the Income Tax Act. There was a delay of 59 days in filing the appeal, which was condoned by the Tribunal. In the intimation under Section 143(1), the exemption claimed under Section 10 was restricted to ₹20.93 lakh by disallowing leave encashment of ₹4.50 lakh. The adjustment was made on the ground that the as...