Lta exemption
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 June 2013
I am, planning to avail travel under LTA Scheme. I would like to know whether I can claim IT benefit by producing taxi receipt on the routes having railway facility, since no accommodation is available in this route(fully reserved) kindly reply
03 June 2013
Yes, you can claim the benefit through TAXI Bills. However, the Exempted Amount will be restricted to Minimum of
(1) Your Actual TAXI Bill
(2) AC First Class Fare of the shortest possible route through Indian Railways.
(1) Your Actual TAXI Bill
(2) AC First Class Fare of the shortest possible route through Indian Railways.
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