Hello,
I have bough Car in my Spouse name Rs 7.5 laks invoiced in Feb 2021, I have missed to claim this through my employer. Shall I claim this now while filing ITR under 10(15). Please advice.
Thanks
Kiran
Menu
LTC Cash Voucher scheme
Replies (3)
Quick Summary
No i think u can't claim now
As Amit opined, It is not possible to claim LTC ( maximum of Rs.36,000) in the return since as per Rule 2B(1A)(i) of the IT Rules, the claim should be made in lieu of LTA under second proviso to section 10(5).
Thank you both for the confirmation.
Regards
Kiran
Recent Topics :
- Capital Gain on sale of Depreciated Factory Gala
- Interesting Observation from a Recent Income Tax S
- ITR 3 Utility Not Taking Marginal Relief on Net To
- MV Electrosystems IPO Allotment Date, Status Check
- TDS payment code query
- Query on FLAIR return
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
Related Topics :
CAclubindia
