28 January 2011
Pls clear the doubt for following LTC Claim:
Emplyee have not claimed LTC earlier ad he claims the same for two year 2009-10 and 2010-11 for Rs. 48000/- for both thw years. He has performed his journey in May-2010 for Rs. 50000/-
Can exempltion for 2009-10 is allowed as he has performed the journey in May-2010.