Categories: Business

Man got leave encashment, but exemption limit was hiked later; ITAT allows full Rs 12.27 lakh relief

The ITAT Chennai bench viewed the increase from Rs 3 lakh to Rs 25 lakh as an enhancement of an existing benefit, rather than the creation of a new exemption. The Tribunal also found the change beneficial and remedial in nature and said it was intended to reduce hardship and bring parity between government and non-government employees.

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