Taxation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 January 2011
Leave travel concession u/s 10(5) is whether available to Directors of a company? Is LTC is covered under Sec 17(2)(iii) i.e,amenities or benefits provided to specified employees?
with regards,
mercy
with regards,
mercy
07 January 2011
LTC available to Director employee also if he/she is drawing salary. LTC also covered u/s.17(2)(iii). the specfied & non specified scheme not there now in Income tax
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