Comming year from jan 2010 onwards the block is 2010-2013. Since it is the calendar year and not the financial year, it will be from January 1, 2010 to December 31, 2013.
Recent info on LTA pertaining to a case between vrevenue dept. of India and an individual, supreme court gave ruling that it is no more required to submit proof of travel to claime your yealy LTA.Request more details on the same
Please let me know if package tours ( Like Delhi - Manali - Delhi ) for 7 days * 250km per day @ 12 km per day type of a bill is acceptable for LTA from employees.
This is basically covers all local sight seeing at the destination too.
DEAR SIR, I AM WORKING IN A LIMITED COMPANY.I HAVE JOINED COMPANY AS A TRAINEE IN JULY 2007.BUT NOW I AM A PERMANENT EMPLOYEE OF THE COMPANY SINCE JULY 2008.IN TRAINEE PERIOD L.T.A WAS NOT A PART OF MY SALARY STRUCTURE. BUT AFTER CONFIRMATION AN AMOUNT OF RS. 2000/- PER MONTH IS BEEN DEDUCTED FROM MY SALARY. CAN I AWAIL IT NOW FOR LAST SEVEN MONTHS WITHOUT GIVING ANY TAXES?I AM HAVING THE TOTAL TRAVEL PROOF(TRAIN TICKET)OF 7 DAYS HOLIDAY TAKEN IN LAST 7 MONTHS
PLEASE LET ME KNOW IS THERE ANY RESTRICATIONS KILOMETRES ON ROAD (TAXI) FOR CLAIMING LTA AS NONTAXABLE, WHAT ALL THE PROOFS REQUIRED TO SUBMIT FOR CLAIMING LTA AS NT. PLEASE SEND ME IN DETAILED
