Calculation of Tax Exemption on LTA

T E Gautham , Last updated: 25 November 2013  
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In anearlier postwe looked at the conditions governing tax exemption on leave travel allowance (LTA). In this post we will look at the calculation of the tax exemption amount. As mentioned in the earlier post, the exemption is available only on travel expenses (ticket fare etc.) incurred by the empl

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T E Gautham
(CEO)
Category Income Tax   Report

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