LTA exemption claim during ITR filing

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MBA
49 Points Posted on 10 January 2021

Can LTA exemption be claimed under section 10 (5) while filing return if LTA is received from employer and exemption not claimed through employer?  

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On 10 January 2021 at 11:11 Report
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Quick Summary
If you received Leave Travel Allowance (LTA) from your employer but couldn't claim the exemption at the time, you can still claim it when filing your Income Tax Return (ITR) under Section 10(5). It's best to ask your employer to amend your Form 16 to reflect this. If that's not possible, you can claim the exemption directly in your return.

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Chartered Accountant
24588 Points Posted on 10 January 2021
Yes lta exemption can be filed in return
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On 10 January 2021 at 12:10
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17269 Points Posted on 10 January 2021
Request employer to modify 16. if not, claim it suo moto in return.
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On 10 January 2021 at 12:11
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Profession
28261 Points Posted on 11 January 2021
Yes, it must be mentioned BY THE EMPLOYER AS PER SEC 10(5).
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On 11 January 2021 at 11:21

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