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Lta deduction

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(Querist)
28 July 2015 Hello All
I am an accountant. I want to know that if I get the LTA. Is there any deduction in income tax. If yes in which section and how much?
Pl clarify.
Regards
Sanjay
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CA Himanshu Sharma

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CA Himanshu Sharma (Expert)
28 July 2015 Please refer section 10(5) of Income Tax Act,1961 along with Rule thereof.

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