RE:LTA
by Sachin Yeola on Feb 05, 2008 04:51 PM Permalink
Maximum LTA can be claimed to the extent of Actual LTA received by the employee. If Employee has received an LTA of Rs. 50,000/- then maximum limit of exemption will be Rs. 50,000/-.
As per my knowledge we can claim claim for LTA after 1 year in the organization. But quetion is that: 1 year, days starts from joining date in the company or the confirmation date in the company.
As I had worked for a company for 14 months and cliamed for LTA with document proof. 3 months was the probation periods in than company. Now they are saying You haven't completed 1 years after your confirmation date. So if I reduce my three months probation periods then my total working months are 11 months.
