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)
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 Topic
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
Related Topics
CAclubindia
