Lta

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

31 October 2012 For Claming LTA, Whether These Conditions need to fulfill.?

> LTA Must be There is Salary Structure.

> Say Every Year 20 Leave are Allowed, But I Taken Leave, and Made Journey, By Air, Bus/Train Route is also Available Then Whether Lowest Fare Will b Alllowed. or Air Tickets is OK

> I need to show leave on that day na?

CA Manish

CA Manish (Expert)
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31 October 2012 Regarding exemption:-

A) Journey performed by Air

amount exempted:Economy Air fair of National carrier by the shortest route or the amount spent which ever is less.

B) Journey performed by Rail

Amount exempted: A.C. first class rail fare by shortest route.or amount spent which ever is less.

C) Place of origin and destination place of journey connected by rail but journey performed by other mode of transport.

Amount exempted :A.C. first class rail fare by shortest route.or amount spent which ever is less.

D) Place of origin& destination not connected by rail(partly/fully) but connected by other recognised Public transport system.

Amount exempted:First class or deluxe class fare by shortest route or amount spent which ever is less.

E) Place of origin& destination not connected by rail(partly/fully) and not connected by other recognised Public transport system also.

Amount exempted:AC first class rail fare by shortest route (as the journey had been performerd by rail) or the amount actually spent ,which ever is less.

Exemption On actual Expenses Only:The amount of exemption is Limited to actual expenses only .Means allowed only if actual journey is performed.

Exemption Of Fare Only:Exemption is allowed only for fare Only as explained above .Other expenses like Local conveyance charge ,taxi charges,lodging ,boarding charges is not exempted.

Other two conditions also need to be satisfied.