Can I claim exemption under the new LTA cash voucher scheme while filling tax returns? My previous company is not allowing me to submit LTA Cash Voucher proof and claim LTA exemption after the final settlement.
Menu
Can I claim exemption under the new LTA cash voucher scheme while filling tax returns?
Replies (1)
You can manually claim the LTA exemption in your ITR under Section 10(5) if you missed the employer's deadline, provided you are opting for the Old Tax Regime, have the necessary travel proofs, and LTA is a part of your salary structure. Ensure you keep all documentation for at least six years for potential verification.
Recent Topic
- LTCG on unlisted foreign shares acquired in inheri
- SBI Funds Management IPO Allotment on July 17: Lis
- PF Final settlement shown in Salary Form 16 FY 26-
- ITR3 online utility: Part B TTI is populating fiel
- Sale of rural agriculture land
- How to show Capital Gain on gifted property
- TIS Glitch Alert : inflated summary
- IT returns of partners
- Challan status in Payment Failed but amount deduct
- Sec 54 exemption
Related Topics
CAclubindia
