Dear All,
With regard to availing of leave travel concession under sec 10(5) of Income Tax Act, is there any quantum of amount mentioned in the act for a block of 4 years.
Also send me the link for the related circular/notification/rule for the same.
Thanking you,
According to me there is a limit and i will send u the link in a while..!!!
Actuall Expenditure Incurred on Shortest Route By Economy Class of Air or 1st Class ac by Train, Travelled Within India Will be Exempt.
CAclubindia
