Leave Encashment Rs 25 Lakh Exemption – ITAT Jaipur Delivers a Landmark Relief for Retired Employees The latest ruling by the Income Tax Appellate Tribunal (ITAT) Jaipur has given significant relief to thousands of retired employees across India. In a case involving a retired State Bank of India (SBI) employee from Jaipur, the Tribunal restored the Leave Encashment Rs 25 Lakh Exemption, overriding earlier orders issued by the Assessing Officer (AO) and the Commissioner of […]
