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Lta exemption

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13 April 2016 Dear Sir/Madam

Can I take LTA exemption under income tax for FY 2016-17 (AY 2017-18) on the basis of following details:-

LTA received Rs. 15000
LTA received Date 13.04.2016
Journey Performed date 03.05.14 to 21.05.14
Amount spent on fare Rs. 18000

Thanks in advance

13 April 2016 Yes you can...you can take all Rs. 15000/- u/s 10(5) exemption.



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