Poonawalla fincorps
Poonawalla fincorps

Leave travel exemption for foreign travel

This query is : Resolved 

03 March 2014 if an assessee went to foreign travel the employer has paid leave travel allowance it is taxable under income tax act 1961

03 March 2014 LTC is exempt only if the journey is performed WITHIN India.

It is NOT exempt if journey is performed OUTSIDE India.



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