Allowance not given by employer
This query is : Resolved
VANYA GARG
(Querist)
28 May 2013
Please confirm me whether an employee can claim LTA in his personal return where he forgot to submit the claim for LTA to his employer and employer had not allowed it?
Please reply me
Please reply me
CMA Ramesh Krishnan
(Expert)
28 May 2013
No.
employee alone cannot claim the LTA in his income tax return, this perquisite valuation need to be calculate and allow exemption by employer after verification and satisfying the details
employee alone cannot claim the LTA in his income tax return, this perquisite valuation need to be calculate and allow exemption by employer after verification and satisfying the details
VANYA GARG
(Querist)
29 May 2013
thanks for reply sir
But is there any method to claim this allowance now?
But is there any method to claim this allowance now?
VANYA GARG
(Querist)
29 May 2013
thanks for reply sir
But is there any method to claim this allowance now?
But is there any method to claim this allowance now?
CMA Ramesh Krishnan
(Expert)
29 May 2013
LTA can be claimed in 4 year block 2 times, it is not financial year based also. it is calender year based so you can ask your employer to consider now
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reward for festival
- 18% Rent a cab
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Movement of goods by packers and movers - type of sale - Reg.
- ARCA LOGIN
- RCM and same line
- Closer of business and itc of capital goods
- TDS Return Statement Status
- Missed uploading GST Invoice
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
