I would like to know whether tax exempted LTA can be claimed in two consecutive years in a bloack i.e if someone claims tax exempted LTA in 2006, Can he/she claim tax exempted LTA in 2007 as well?
RE:LTA claim in consecutive years
by Rafiq Raja on Nov 14, 2007 12:53 PM Permalink
First of all, LTA is for Calendar Year and not Financial Year. So if you have claimed in 2006, then you can claim it again on 2007. Provided, that's the second and last claim for 2006-09 block.
