I have claimed LTA in the year 2006-07. My question is can I once again claim LTA in the next year i.e 2007-08. Note: I have not claimed LTA during 2005-06.
My LTA amount has made Rs. 16,860/- for the F.Y. 2006-07, as per your rule I have claimed for Rs. 17000/- against LTA. I mean the LTA has deducted from my Gross Total salary for F.Y. 2006-07.
So I am requesting you that, will I submit the bills against LTA%u2026.. I am fully confused about that. Please let me know about the above quarry.
I am planning to travel from March 23 to April 3 in 2007. I have booked my tickets for the same. Can I get the tax benefit of LTA for the entire journey in the yeat 2006-07.
Good and informative Article. The Author should also write as to how the LTA is availed. For example, Nationalised Banks allow you to select your destination within India once in four years and travel to Home town once in two years. Private Companies give fixed amount as LTA every year.
In case of private companies, suppose the amount given is Rs.20,000 per annum, whether the employee can travel anywhere he likes for Rs.20,000/-
Nationalised Banks allow your family to travel alone provided the employee avails LTC for himself within six months or before six months.
For availing LTA for the family, an affidavit is to submitted mentioning that your spouse does not have income more than Rs.1500 per month.If spouse is employed do one can claim LTA for spouse also. Please clarify.
It is a must that the no. of min. leaves to be taken is a must. In my co. its a must to take atleast 3 days otherwise i cant claim if i take only 2 days off excluding my weekends. Please clarify.
