LTA Query

It cannot be claimed at the time of return filing as its a employer provided allowance.

Thanks for reply.

One more query.

If I go on LTA this year, how much may I be able to claim?

i.e. Last year 30300/- & current 30300/-

upto 60600/-

or only 30300/-

?

thanks

The current LTA Block is 2010-13, you can claim 2 times in this block which is exempted from TAX if you have travelled by availing Leave.  As you said you have got the LTA amount for 2010 after deduction of Tax, so now at the end of this financial year you can claim current year LTA.

Hello Harish,

Thanks for quick and clear reply. 

Regards,