Can we expenditure incurred in the year 2021 in FY 2021-22
Replies (2)
Quick Summary
This discussion clarifies the eligibility for Travel Concession in the financial year 2021-22. It explains that the criteria for claiming the concession isn't solely based on expenditure incurred within that specific year. Instead, it highlights that the concession is available within a four-year block. The conversation aims to provide a more detailed explanation with examples to illustrate how this four-year block rule functions in practice.