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Leave Travel Allowance

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maddivamsi

Student CA IPC / IPCC

52 Points Posted on 17 August 2020

I already claimed LTA in the Financial Year 2018-19.Can I further claimed LTA in Financial Year 2019-20 also?

Replies (3)

Quick Summary

If you've already claimed Leave Travel Allowance (LTA) in the financial year 2018-19, you can indeed claim it again in the financial year 2019-20. LTA exemptions are permitted for two journeys within a four-year calendar block, with the current block being 2018-2021. Having claimed once in 2018-19, you are eligible for a second claim anytime between 2019 and 2021, provided all other conditions under Section 10(5) are met.

Sagar Patel

Tax and Business Consultant

11616 Points Posted on 18 August 2020

LTA exemption is available for only two journeys performed in a block of four calendar years.
The block applicable for the current period is the calendar year 2018-21.
So, from 2018 to 2021 you can claim, any two journeys for LTA Exemption. if you already claimed Exemption for 1 journey in 2018-19, than you can claim for second journey in 2019, 2020 or 2021 subject to fulfillment of other conditions and restriction as per sec.10(5).