Easy Office
LCI Learning

Lta

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 May 2015 IF a employee is getting LTA of Rs.15000/- but spend Rs.20000/- for travel what is the deduction the employee can claim
Profile Image

ALOK GOEL

Profile Image

ALOK GOEL (Expert)
19 May 2015 1) Not more than 15000 LTA will be allowed as per entitlement as mentioned above.

2) For 20000 spent in LTA , a travel ticket /Taxi/Rail ticket/Air tkt. proof is required for granting 15000 deductions against any spending more than 15000/- in LTA.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links