LTA TREATMENT ACCORDING TO INCOME TAX
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 February 2011
NAMASKAR EVERY MEMBER OF C.A CLUB
SIR I WANT A HELP REGARDING LTA
OUR COMPANY IS PVT. LTD COMPANY AND LTA PAID EVERY YEAR OUT OF SALARY SO
LTA TAXABLE OR EXAMPTED IN F.Y 2010-11
PLEASE ADVISE ME. AS SOON AS POSSIBLE
SIR I WANT A HELP REGARDING LTA
OUR COMPANY IS PVT. LTD COMPANY AND LTA PAID EVERY YEAR OUT OF SALARY SO
LTA TAXABLE OR EXAMPTED IN F.Y 2010-11
PLEASE ADVISE ME. AS SOON AS POSSIBLE
Sunil Kr. Sanganeria
(Expert)
18 February 2011
Leave Travel Concession u/s 10(5)is exempted in respec of Two Journey performed in a block of four Calender year.
The Block is 2010-13(1.01.2010 to 31.12.13)
The assessee can chose any two journey from Block of 2010-13
The Block is 2010-13(1.01.2010 to 31.12.13)
The assessee can chose any two journey from Block of 2010-13
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Guest
Guest
(Expert)
18 February 2011
Perfect advide from Mr. Sanganeria.
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