Tax treatment for LTA

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Querist : Anonymous

Querist : Anonymous (Querist)

31 March 2010 Is it Compulsory to submit LTA Bills for F.Y. 2009 - 2010

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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31 March 2010 yes.claiming LTA you need to submit the bills

CA Ashok Kumar Sahu

CA Ashok Kumar Sahu (Expert)
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01 April 2010 agree with rameshji

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Querist : Anonymous

Querist : Anonymous (Querist)

03 April 2010 I think you guys need to really brush up your knowledge. As per the recent (Jan 2009) supreme court hearing, submission of LTA bills has been made optional.

Check this link:
https://www.caclubindia.com/articles/proof-of-travel-not-required-for-claiming-lta-5007.asp

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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03 April 2010 Dear Priya rao

The article is stating that.employer no statutory obiligation for collection of bills it does not mean that with out bills you can claim LTA Exemptio and also no where mentioned proofs is not required for claimg LTA.Please don`t interept the Judgement wrognly and mis guide
and
practically LTA claiming some checking need to do for that bills employer has to be seen.for arguing purpose you can quote the judgement but practical my view is difficult

Querist : Anonymous

Querist : Anonymous (Querist)

04 April 2010 Hi Ramesh, Thank you for your revert. But I dont understand...you are saying providing proof(through bils) is not mandatory, and again you are saying for claiming LTA you need to provide bills....

Appreciate clarity on the topic.