Lta exemption on previous year journey tickets
This query is : Resolved
Ajaykumar Chaudhary
(Querist)
01 November 2013
Dear Experts,
One of the employees in my organisation has claimed LTA in Oct-13 for f.y. 2010,2011 & 2012 by providing journey tickets of f.y. 2011. should I give him tax exemption against provided journey tickets?
Please suggest me what should I do? Pls
One of the employees in my organisation has claimed LTA in Oct-13 for f.y. 2010,2011 & 2012 by providing journey tickets of f.y. 2011. should I give him tax exemption against provided journey tickets?
Please suggest me what should I do? Pls
CMA Ramesh Krishnan
(Expert)
04 November 2013
Current LTA block is 2010-2013. with in this block employee can claim 2 trips. even though the LTA block represents the calender year, if the claim is related to the particular financial year. then you can allow. so tickets related to earlier year. it cannot be allowed in different year. so ask them to provide the tickets related to the current financial year or atleast current calender year.
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
- Gst credit note by supplier
- Missed uploading GST Invoice
- Movement of goods by packers and movers - type of sale - Reg.
- Query on effect of registration of property
- Due date for filing return for the partner in partnership subjected to Tax Audit
- GST on reimbursement of expenses
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Wrong CMPo8 file
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
