Lta

This query is : Resolved 

21 March 2012 LTA calculated in Financial year or Calendar Year?? Can LTA be claimed with out availing leave??

21 March 2012 The tax rules provide for an exemption only in respect of two journeys performed in a block of four calendar years.

Must Read below link:

http://taxguru.in/income-tax/taxability-of-leave-travel-allowance-lta-and-relevant-aspects-to-keep-in-mind.html



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