diff --git a/pymodbus/transaction/transaction.py b/pymodbus/transaction/transaction.py
index 7a268c029..9d58a9857 100644
--- a/pymodbus/transaction/transaction.py
+++ b/pymodbus/transaction/transaction.py
@@ -224,11 +224,6 @@ async def execute(
                     return response
                 except asyncio.exceptions.TimeoutError:
                     count_retries += 1
-                except asyncio.exceptions.CancelledError as exc:
-                    raise self._io_exception_from_request(
-                        "Request cancelled outside library.",
-                        request,
-                    ) from exc
             if self.count_until_disconnect < 0:
                 self.connection_lost(asyncio.TimeoutError("Server not responding"))
                 raise self._io_exception_from_request(
diff --git a/test/transaction/test_transaction.py b/test/transaction/test_transaction.py
index 03f05497c..66b9ed4d4 100755
--- a/test/transaction/test_transaction.py
+++ b/test/transaction/test_transaction.py
@@ -247,10 +247,9 @@ async def test_transaction_execute(self, use_clc, scenario):
             await asyncio.sleep(0.1)
             resp.cancel()
             await asyncio.sleep(0.1)
-            with pytest.raises(ModbusIOException) as exc_info:
+            with pytest.raises(asyncio.CancelledError):
                 await resp
-            assert exc_info.value.fcode == request.function_code
-            assert exc_info.value.dev_id == request.dev_id
+            assert resp.cancelled()
         elif scenario == 7:  # response
             transact.comm_params.timeout_connect = 0.2
             resp = asyncio.create_task(transact.execute(False, request))