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Is Leave Travel Concession to Pensioners Exempted

I have gotten one query from one pensioner who wants to know whether leave travel concession to the pensioners will add in his income or is it exempted?
I want to answer this question on the basis of Chapter III of  law of Income Tax 1961. I read its one provision of section 10 (5)  which is  explaining in clear words  that it is exempted from income of pensioner  if the pensioner will follow following condition.

The value of leave travel concession provided to an individual and his family by an employer or a former employer in connection with his proceeding on leave to any place in India, or for proceeding to any place in India on retirement or termination of his services.

If you want to read its other provisions, you can go income tax's official site and at here

Related : Exemption of Filing of Income Tax

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Accounting Education: Is Leave Travel Concession to Pensioners Exempted
Is Leave Travel Concession to Pensioners Exempted
Accounting Education
https://www.svtuition.org/2011/07/is-leave-travel-concession-to.html
https://www.svtuition.org/
https://www.svtuition.org/
https://www.svtuition.org/2011/07/is-leave-travel-concession-to.html
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