LTC
This query is : Resolved
21 July 2010
IS SPLIT FACILITY IS AVAILABLE FOR CLAIMING LTC EXEMPTION UNDER INCOME TAX IF AVAILABLE THEN IN WHICH SECTION,UNDER INCOME TAX IT IS MENTIONED THAT 2 JOURNEYS MAY BE CLAIMED IN A BLOCK OF 4 YEARS IF IN 4 CALENDER YEAR WE SPLIT 2 JOURNEY IN 4 JOURNEY THEN IN SUCH CASES CAN WE CLAIM EXEMPTION UNDER INCOME TAX
21 July 2010
No it is not possible to show two journey as four journey and claim LTC four times in two block
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