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Tax liability
Is holiday trip allowance is fully taxable or not?
Replies (3)
Read Following Article, You will find answer
https://www.hrblock.in/guides/lta-leave-travel-allowance/
From point of view of employee 2 trips in block of 4 years are allowed and only travelling cost is allowed as deduction that too as specified.
Stay cost and other costs are not allowed
Not Fully Taxable Some or the other terms and Condition are there from the pAckage you have Bought from.
That Conditions are needed to be Read Carefully.
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