Hello Everyone .
IF a person has not taken any LTA Allowance since last 10 yrs ..but now he Wishes to consider the same in Current Year .. can he take such alloawance of previous years in the current year ..;-);-)
Thanks alot in advance ..;-)
krina (student) (1263 Points)
29 January 2014Hello Everyone .
IF a person has not taken any LTA Allowance since last 10 yrs ..but now he Wishes to consider the same in Current Year .. can he take such alloawance of previous years in the current year ..;-);-)
Thanks alot in advance ..;-)
vivek
(öne)
(39 Points)
Replied 29 January 2014
LTA exemption is allowed in 2times in 4 year block, if some one does not exost its consume exmptn ( both or one ) then only one exemptin can be carry forward to next block (4yr ) , and carry forwarded exempion should be consumed within 1st year of that next block.
@VaibhavJ
(Believe!! Live your dreams!)
(33511 Points)
Replied 29 January 2014
Hi
This 2013 was last year in block, so you can claim only 1 LTA.
Thx
CAclubindia
