An employee receives LTA of Rs. 10,000/- p.a. during the calender block from 2010-2013.

First he was travelled in 2011 and claimed Rs. 20,000/- by receiving 2 years LTA amount.

Secondly he had travelled in 2013 and claimed again Rs. 20,000/- of 2 years. So he claimed total LTA of Rs. 40,000/- during 2011 & 2013 travelling.



So is this calculation is correct.



Request your early reply.

1)How will a retired person aged 65 yrs having no business or professional Income,be required to pay the Income Tax for the final financial year 2013-2014? Is he allowed to pay his total tax as payable on or before 31/03/2015 without any penalty or interest? please mention the particular section of I.T.Act,1963(amended). What is the last date of filing I.T. return for Sr.Citizen for 2013-2014 F.yr?

2)what are the I.T. rebates allowed for a senior citizen?

sir this is vishnu ,a student

I have a zeal to become C.S & C.A.
In that case i have obtained registration in CS executive programme by qualifying C.P.T.can you plz suggest me the best way to complete thase two courses succesfully.

sir, don't take other wise plz don't suggest to me to mail expert or some body persons .plz suggest me if u have any plan it's an request.

and give me a full & clear view of C.S because I really don't know form which end i have to start

how many let fee and teratment if not filling tds return after 2year but tds amount also deposit in tex department on due date.

sir I m currently in the first year of artifleship...and I have taken 70 leaves... if I aak for articleship from my firm.. whether my attempt will extend because of my leaves

Dear Sir/Madam,
Kindly help me out in a matter
My friend filed an ITR 1 through a CA but he didnt gave him the copy of acknowledgement and now he wants me to file his ITR but the CA is not giving his password and to crack the password we dont have the acknowledgement number and we even dont know the answers of the security questions.

Kindly suggest

purchased land in 2008 Rs. 28400/=. Cost of improvement in 2008 is Rs. 100000/= Sold in 2012 Rs. 1000000/= so, what is the Capital Gain Tax to be paid ?

Dear Expert,

An Indian Lady wants to gift an amount of Rs. 80,00,000/- to her daughter who resides in the Switzerland. Whether any tax need to be deducted? Kindly mention the provision of Income Tax applicable in the case.

Thanks in advance.

Regards
Sakshi

sir,

i want importance questions for IPCC May 2014
for both groups.
so pl z kindly give this earlier.

i am a partner in partnership firm since last two year, and i file my income tax return without adding remuneration and interest received from firm, now i want to add this income in current year it is possible, and what is process for this income?