Calculation of Tax Exemption on LTA

In anearlier postwe looked at the conditions governing tax exemption on leave travel allowance (LTA). In this post we will look at the calculation of the tax exemption amount. As mentioned in the earlier post, the exemption is available only on travel expenses (ticket fare etc.) incurred by the empl

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T E Gautham

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I run a company called Hinote Systems (www.hinote.in) which delivers payroll/HR related software and services.

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Calculation of Tax Exemption on LTA

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