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
bhavesh amratlal parekh
(TAXATION MANAGER)
(25 Points)
Replied 19 May 2012
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
CMA YOGESHWAR NK
(SERVICE)
(23 Points)
Replied 27 September 2012
Can i claim LTA fo a year rs.75000/- is it allowable. Please guide.
j. dave
(Student)
(50 Points)
Replied 27 September 2012
is there any differnce between LTA and LTC? IF YES, THEN WHAT?
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