Lta exemption
This query is : Resolved
13 April 2016
Dear Sir/Madam
Can I take LTA exemption under income tax for FY 2016-17 (AY 2017-18) on the basis of following details:-
LTA received Rs. 15000
LTA received Date 13.04.2016
Journey Performed date 03.05.14 to 21.05.14
Amount spent on fare Rs. 18000
Thanks in advance
Can I take LTA exemption under income tax for FY 2016-17 (AY 2017-18) on the basis of following details:-
LTA received Rs. 15000
LTA received Date 13.04.2016
Journey Performed date 03.05.14 to 21.05.14
Amount spent on fare Rs. 18000
Thanks in advance
Murtaza I Bhagat
(Expert)
13 April 2016
Yes you can...you can take all Rs. 15000/- u/s 10(5) exemption.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Oct 2025 Invoices
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
