Lta for fy 11-12

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dhaval (Querist)
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19 January 2012 Dear Friends.

I am working with a listed company and getting LTA of Rs. 20000. I have joined this Co. in the month of June-11 and i along with my family has travelled to a place in the month of May-11 Can I claim this travelling exp. in my IT return?

Please it is too urgent as I am to submit the proof by January 25, 2012

Please revert Thanks in advance

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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19 January 2012 Submit the travelling bills with your company. They will consider the same and the LTA received will be exempt.

dhaval

dhaval (Querist)
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20 January 2012 But earlier I was not used to work any where and this is my first job only
Still can I cliam the same?

Pls. confirm

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dhaval

dhaval (Querist)
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20 January 2012 But earlier I was not used to work any where and this is my first job only
Still can I cliam the same?

Pls. confirm

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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03 August 2024 For the Leave Travel Allowance (LTA) claim, the key aspects to consider are:

### **Eligibility and Claim for LTA:**

1. **Eligibility of Claim Based on Employment:**
- **LTA Claim Period:** The LTA claim is applicable for travel undertaken within a block of four years. For the financial year (FY) 2011-12, the relevant block is from January 2008 to December 2011.
- **Employment Status:** Since you joined the company in June 2011, you are eligible to claim LTA for travel undertaken within the block period if you meet other criteria.

2. **Claim for Travel Undertaken Before Joining the Company:**
- **Travel Period:** The travel you undertook in May 2011 falls within the relevant block period (January 2008 to December 2011), so it is eligible for LTA claim.
- **Proof of Travel:** You must provide valid proof of travel expenses. This typically includes bills, receipts, or travel certificates from the travel company.

3. **Taxation and Documentation:**
- **Submission of Proof:** Ensure that you submit the necessary documentation to your employer by the deadline (January 25, 2012). This documentation should include travel tickets, bills, and any other relevant proofs.
- **Documentation Format:** The proof should be in the format required by your employer or tax regulations. A travel certificate from the travel company, if valid and detailing the travel expenses, should be acceptable.

4. **LTA Claim Process:**
- **Submit Proof to Employer:** You should submit the proof of travel to your employer to claim LTA. The employer will then process the claim and reflect it in your Form 16.
- **Include in IT Return:** The amount claimed as LTA should be included in your Income Tax Return for the FY 2011-12. Ensure to mention it in the appropriate section.

### **Summary:**

Yes, you can claim the travel expenses from May 2011 under LTA for the FY 2011-12 as long as the travel falls within the relevant block period and you provide the necessary documentation to your employer. Since you joined the company in June 2011, this is your first job, and the travel was undertaken before joining, you still have the right to claim the expenses if they fall within the eligible block period.

Ensure that all documentation is in order and submit it to your employer before the deadline to facilitate the claim.