Lta taken in advance

Nitesh Painter (Service) (78 Points)

19 August 2015  

Hii,

If employee has taken LTA in advance, whether it is taxable?

if employee has taken LTA in advance and performed journey & submitted proof in the same year later, is he eligible for exemption?

Whatif he takes LTA in advance and performed journey in next calender year?

Thanks in advance.