I have travelled from Chennai to Velakanni in July 05, but not claimed for reimbursement. In Aug 06 i again travelled to Velankanni, i never claimed the same. At the time of resignation i claimed both the LTA with bills as non-taxable. But company is telling as per IT law, the person travelling consecutively for 2 years, they can give excemption to one travel only? is it correct? i can claim as non-taxable. Pls advice
Re: RE:LTA consecutive travel is taxable???
by raju d on Jan 30, 2009 02:03 PM Permalink
if i travel for more than 1 time in a year can i use this tickets and consolidate for LTA for that year