Taxability for ltc ????

Dear All,

 

How is LTC taxed for specified and non-specified employees???LTC is subject to section 10(5),so is this only for 

specified employees????

PLEASE REPLY!!

Replies (1)

In today's scenario, every one earns more than Rs.50,000/- a year. So, there is no practical application of Specified or Unspecified Employee. 

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