Leave travel concession
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 August 2012
Whether LTC u/s 10(5) is available to all ?
Also Specify the tax implications for employer and employee ?
Thanx in advance.
Also Specify the tax implications for employer and employee ?
Thanx in advance.
25 August 2012
u/s 10(5) LTA is available for employee only after retirement from service or after the termination of his service.In the hands of emplyeer, deduction can be allowed.
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