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Lta

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(Querist)
20 February 2014 A company pays LTA to its employees in January 2014 for previous year.
An employee went on travelling in February 2014. Will he get the exemption of LTA for the financial year 2013-14

The Block is 2010-13
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
21 February 2014 you should be able to get exemption against it given that you are allowed to carry forward one unused travel to next block.

please refer http://yourfinancebook.com/leave-travel-allowance-lta/

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