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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Leave travel allowance_deduction
Replies (32)
Quick Summary
Is LTA deducted or its allowance in salary?
It is deducted from salary
This is wrong procedure
Https://www.paisabazaar.com/tax/leave-travel-allowance/
LTA should be paid as a part of salary. It can not be kept on hold .
IT deduction on LTA is in your hands
IT deduction on LTA is in your hands
Okay thank you Rashmi and Eswar
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Welcome.......... My pleasure.......
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The word goes like leave travel allowance. Leave travel assistance is available to central and state govt employees.
It's available to private employees also
So they can't deduct lta from salary monthly and pay at year end after tax deduction?
Tax can be deducted but LTA can't be deducted
Okay thank you Eswar!
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