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Lta

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 August 2012 if my LTA per annum is 20000 and in current year if i dont go on any travel can i carried forward this 20000 to next year and claim exemption for 40000
pls urgent
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
22 August 2012 Yes. you can carry forward amount till the end of block 2010-2013

But during the block only 2 trips can be claimed under LTA exemption

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