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TDS ON LTA

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(Querist)
01 January 2010 We Provide LTA for employee in the company books, and paid it to employee once in every two calender year. Do we require to add the LTA amount in the employee's salary, so provided in the books of Company, for TDS purpose.

Neeraj Kumar
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
01 January 2010 Taxable part of LTA has to be included in salary for TDS purposes.

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