Lta exemptions - tds on salary

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Ashok (Querist)
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09 March 2012 Dear Experts,

I have an Querry regarding the LTA Claim can u please help me out with following examples:

If an employee having LTA amount as per his salary structure for FY10-11 is Rs. 50K, & FY11-12 is Rs. 50K . it means he can get Rs. 1Lac in one single paymentin FY11-12 so please explain this will be treated as a One Single claim(1journey) or two different claims(2 Journey) ?

& in future he can claim the same as per above ..?

Please give your valubale suggestions with supportings evidence i.e case law, judgments etc...

Thanks
Ashok

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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10 March 2012 He can claim as one single claim. claim based on journey only. not based on year. 2 journey allowed in 4 year block

Ashok

Ashok (Querist)
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13 March 2012 Thaks alot ..

But if any case law's or judgments is avaialbe please provide me...

Thanks
Ashok

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