Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2004 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2004 (12) TMI 32 - HC - Income TaxPayments received in lieu of leave encashment to the assessee while in service – exemption – retrospective amendment to section 10(10AA) by the Taxation Laws (Amendment) Act, 1984 (Part I) - Tribunal was not justified in granting exemption to the payments received in lieu of leave encashment to the assessee while in service - Tribunal was not justified in not giving effect to the amendment to section 10(10AA) by the Taxation Laws (Amendment) Act, 1984 (Part I) which has been amended retrospectively with effect from the assessment year 1978-79 – revenue’s appeal is allowed
|