Lta: bangkok/pattaya/singapore

Dipjyoti Majumdar (CA in service & CS. dipmaj@ )   (3469 Points)

11 January 2014  

Friends

I wanted to know from yourselves why LTA exemption under section 10(5) read with Rules is denied to a salaried tax payer if he/she visits to a place out of India. What is the rationale behind this stipulation.

Regards,