Exemption of leave travel allowance

CA Prashant Gupta , Last updated: 05 September 2014  
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Leave Travel Allowance or Leave Travel Concession is the allowance which is paid by company to its employees to meet expense of travelling within India. This is for employee and his family. This is tax free under section 10(5) read with rule 2B. Features of Leave Travel Concession Only

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CA Prashant Gupta
(DGM (F & A))
Category Income Tax   Report

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