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LTA Cash voucher scheme (LTC)
Is it possible to claim LTA of previous year, in current FY 2021-22 under "LTC Cash Scheme", duly submission of expenditure Invoice of previous year ( i.e. period 12 Oct 2020 till 31 Mar 21) !
Replies (1)
LTC scheme was introduced to entertain people during the lockdown. This scheme could go away if lockdown is lifted. It depends upon you if you like LTA or convert it to LTC.
https://www.livemint.com/money/personal-finance/should-you-carry-forward-lta-or-opt-for-the-cash-voucher-scheme
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