LTA rules

Tax queries 51893 views 17 replies

boss i have one query-As per my knowledge LTA paid annually is allaowable as exemption u/s-10(5) If LTA paid monthly with salary, than it is not allowable.

 

Please give your feedback whether it is right or wrong.

thank's

bhavesh parekh

 

Can i claim LTA fo a year rs.75000/- is it allowable.  Please guide.

is there any differnce between LTA and LTC? IF YES, THEN WHAT?


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