LTC exemption in ITR confusion ?

855 views 4 replies

I am central government employee (GP 4800) and we can avail LTC (Leave travel concession) and claim LTC journey amount but LTC journey amount is neither included in our salary. We have to first bear our own expenses and buy train/air tickets.

So my question is

1) whether we (central/state government employee) can fill ltc claim amount in "less: exempt allowance => section 10(5)-leave travel concession" option while filing itr ?

2) I think section 10(5) is for those PSU or private company employees whose salary is made in something like CTC format and their LTC/LTA amount is already mentioned in CTC. Am i right ?

 

Note: no any Earned Leave encash by me

Replies (4)
Post salary details
1. you can't claim it if it is not provided as a part of your salary

2. right
Yes, I agreed with Mr Sharath Chandra...

@ Mr Kuldeep Singh,

Without showing in salary slip or ctc we can't claim In any of the claim from salary...
The ltc firms part of perquisites so it is taxable. But in a block of four years you are supposed to take two benefits.

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