Abstract
It is shown that typical arguments from intensionality against the Principle of Indiscernibility of Identicals (InI) misconstrue this principle, confusing it with the Principle of Substitution (PS). It has been proposed that Leibniz, in his statements like, "If A is the same as B, then A can be substituted for B, salva veritate, in any proposition", is not applying InI to objects nor PS to signs, but is talking about substitution of concepts in propositions, or applying InI to concepts. It is shown in the paper that since Leibniz holds that there are exceptions to the principle thus stated, either the proposal in question is misguided, or else Leibniz is mistaken in thinking that there are such exceptions.