LTA EXEMPTION

LTA CAN BE CLAIMED BY EMPLOYEE MAX UPTO 2 TIMES IN THE BLOCK OF 4 YEARS. CURRENT BLOCK OF LTA IS 1/01/2006 TO 31/12/2009

IF EMPLOYEE HAS AVAILED LTA FOR PREVIOUS BLOCK e.g. 2002-2005  IN THE MONTH OF DECEMBER,2006   AND FOR CURRENT BLOCK i.e. 2006-2009 CUMULATIVELY FOR 3 YEARS (JAN,06 TO DEC,08)IN MONTH OF DECEMBER,2008.

NOW CAN LTA FOR  THE REMAINING PERIOD (JAN,08-DEC, 2009 )CAN EXEMPT IF AVAILED IN DECEMBER,2009?