LEAVE TRAVEL ENCASHMENT
This query is : Resolved
24 June 2023
When you buy tickets partly paying using UPI and partly using credit card reward points in a bank, can you include the total cost of the ticket for the purpose of LTA claim under income tax. Question is not about claim with employers, LTA is a fixed sum of total comp. Qua income tax, can reward points usage be treated as payment.
25 June 2023
Yes, it will be considered as payment.
LTA claim is based on the tickets you bought.
LTA claim is based on the tickets you bought.
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