Lta and ltc
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 January 2013
dear all please clarify the following
what is the difference between LTA and LTC
what is the difference between LTA and LTC
02 January 2013
LTA= Leave Travel Assistance.
.
LTC= Leave Travel Concession.
.
Assistance means Help.
.
Concession in Travelling Expenditure means the company bears the balance amount.
.
As such LTC=LTA as Assistance and concession are equally enjoyable.
.
LTC= Leave Travel Concession.
.
Assistance means Help.
.
Concession in Travelling Expenditure means the company bears the balance amount.
.
As such LTC=LTA as Assistance and concession are equally enjoyable.
18 January 2013
I agree with the expert but if LTA is leave travel Allowance than it is taxable
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