1984 (12) TMI 24 - HC - Income Tax

Summary

The High Court of Madras ruled that the provisions of section 10(10AA) apply to an employee's case even if the leave salary was received at the time of resignation, not retirement. The court stated that retirement can be voluntary and still qualify under the section. The court dismissed the petition with costs. (Case citation: 1984 (12) TMI 24 - MADRAS High Court)