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Man gets leave encashment tax benefit, but limit hiked later; ITAT allows Rs 12.27L

Times of india·8 Oct 2026
Man gets leave encashment tax benefit, but limit hiked later; ITAT allows Rs 12.27L

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…

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