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Leave travel allowance_deduction

Final 424 views 32 replies
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ipcc student
149 Points Joined May 2016
Is LTA deducted from salary monthly and paid only at year end?
can any company follow the above method of lta deduction?
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On 09 June 2022 at 16:21 Report
Replies (32)
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CFO- at NHTF
58280 Points Joined August 2012
Is LTA deducted or its allowance in salary?
2 Reply
On 11 June 2022 at 08:16
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ipcc student
149 Points Joined May 2016
It is deducted from salary
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On 13 June 2022 at 23:04
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CFO- at NHTF
58280 Points Joined August 2012
This is wrong procedure
2 Reply
On 13 June 2022 at 23:21
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Chartered Accountant
86505 Points Joined April 2011
Https://www.paisabazaar.com/tax/leave-travel-allowance/
1 Reply
On 13 June 2022 at 23:40
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CFO- at NHTF
58280 Points Joined August 2012
LTA should be paid as a part of salary. It can not be kept on hold .

IT deduction on LTA is in your hands
2 Reply
On 14 June 2022 at 07:51
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ipcc student
149 Points Joined May 2016
Okay thank you Rashmi and Eswar
1 Reply
On 14 June 2022 at 08:02
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CFO- at NHTF
58280 Points Joined August 2012
👍🏻👍🏻👍🏻👍🏻
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On 14 June 2022 at 08:03
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Chartered Accountant
86505 Points Joined April 2011
Welcome.......... My pleasure.......
1 Reply
On 14 June 2022 at 08:26
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CFO- at NHTF
58280 Points Joined August 2012
👍🏻👍🏻
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On 14 June 2022 at 11:10
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Profession Business
28196 Points Joined May 2017
The word goes like leave travel allowance. Leave travel assistance is available to central and state govt employees.
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On 14 June 2022 at 13:01
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CFO- at NHTF
58280 Points Joined August 2012
It's available to private employees also
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On 14 June 2022 at 19:56
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ipcc student
149 Points Joined May 2016
So they can't deduct lta from salary monthly and pay at year end after tax deduction?
1 Reply
On 14 June 2022 at 20:20
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CFO- at NHTF
58280 Points Joined August 2012
Tax can be deducted but LTA can't be deducted
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On 14 June 2022 at 20:31
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ipcc student
149 Points Joined May 2016
Okay thank you Eswar!
1 Reply
On 14 June 2022 at 22:14

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