Full Leave Encashment Exemption Allowed as Claim Was Below Revised ₹25 Lakh Limit

Mangla Ram Nimbark Vs ITO (ITAT Jaipur) The appeal before the Income Tax Appellate Tribunal (ITAT), Jaipur, concerned the assessee’s claim for exemption of leave encashment amounting to ₹6,87,030 under Section 10(10AA)(i) of the Income Tax Act for Assessment Year 2018-19. The assessee challenged the order of the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), which had upheld the disallowance of ₹3,87,030 from the claimed exemption. The assessee contended that he was originally an employee of the Department of Telecommunications (DOT), a Central Government o...