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Provision made for LTA and performance incentive

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(Querist)
11 December 2009 I have the below mentioned query.

ABC Ltd. was made the provision for LTA and performance incentive as on 31.03.2009.on the said amout TDS was not deducted.

Now my question is whether the said provisions are disallowed in computation of income? and if yes kindly provide the sections.
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CA Anand Sarda

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CA Anand Sarda (Expert)
11 December 2009 Under Income tax Act, An Assessee can claim deduction for LTA twice in block of 4 years, provided he should produce the bills of his travel.
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AJK

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AJK (Querist)
14 December 2009 hi

Your answer is not in line with the query, request you to revert with appropriate solution - this is pertaining to provisions disallowed or not and not relating to how one can claim LTA
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veena

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veena (Expert)
16 December 2009 If TDS is not deducted then the assessee can not claim those expenses u/s.40(a)
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