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LTA disbursement on monthly basis

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(Querist)
20 May 2009 Can a company disburse LTA amount on monthly basis ( with salary - as a component of salary)?
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SUBRAMANYA H

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SUBRAMANYA H (Expert)
21 May 2009 Yes co can do so

But for claiming exemption under sec 10 employee has to go on live during the same financial year and has to produce the proof of inland travel supported by bill ot ticket
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Kedar Pande

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Kedar Pande (Expert)
21 May 2009 Disbursement will depend on company policy. For claiming exemption, i agree with Mr. Subramanya




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