Leave travel concession

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According to income tax act the leave travel concession is given for travel via economic class train, but if a person travels by road or plane will the rule of shortest route be applicable? If it is applicable then kindly explain.
Replies (3)

Amount Exempted.

A) Journey performed by Air

amount exempted:Economy Air fair of National carrier by the shortest route or the amount spent which ever is less.

B) Journey performed by Rail

Amount exempted: A.C. first class rail fare by shortest route.or amount spent which ever is less.

C) Place of origin and destination place of journey connected by rail but journey performed by other mode of transport.

Amount exempted :A.C. first class rail fare by shortest route.or amount spent which ever is less.

D) Place of origin& destination not connected by rail(partly/fully) but connected by other recognised Public transport system.

Amount exempted:First class or deluxe class fare by shortest route or amount spent which ever is less.

E) Place of origin& destination not connected by rail(partly/fully) and not connected by other recognised Public transport system also.

Amount exempted:AC first class rail fare by shortest route (as the journey had been performerd by rail) or the amount actually spent ,which ever is less.

Originally posted by : CA Manish Malu

Amount Exempted.

A) Journey performed by Air

amount exempted:Economy Air fair of National carrier by the shortest route or the amount spent which ever is less.

B) Journey performed by Rail

Amount exempted: A.C. first class rail fare by shortest route.or amount spent which ever is less.

C) Place of origin and destination place of journey connected by rail but journey performed by other mode of transport.

Amount exempted :A.C. first class rail fare by shortest route.or amount spent which ever is less.

D) Place of origin& destination not connected by rail(partly/fully) but connected by other recognised Public transport system.

Amount exempted:First class or deluxe class fare by shortest route or amount spent which ever is less.

E) Place of origin& destination not connected by rail(partly/fully) and not connected by other recognised Public transport system also.

Amount exempted:AC first class rail fare by shortest route (as the journey had been performerd by rail) or the amount actually spent ,which ever is less.

Place of origin and destination place of journey connected by rail but journey performed by other mode of transport.: Fare of that mode of transport or amount spent whichever is less. 
 

where the place of origin of journey and destination are connected by rail an journey is performed by any other mode of transport , amount exempted will be

1.amount of 1St class AC  fare ( By shortest route) 

      or

amount spent whichever is less.


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