Leave travel concession exemption: full relief for first entitlement in a block; excess on subsequent trips is taxable as perquisite. Clarification states that employer-provided leave travel concession for travel within India is exempt up to the value of travel to the employee's home district, except where block-based exceptions apply. If entitlement occurs once per block, the concession is fully exempt; if more than once in the block, full exemption is allowed only for the first concession and subsequent concessions are exempt only to the extent of the home-town fare, with any excess treated as a perquisite included in salary income.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Leave travel concession exemption: full relief for first entitlement in a block; excess on subsequent trips is taxable as perquisite.
Clarification states that employer-provided leave travel concession for travel within India is exempt up to the value of travel to the employee's home district, except where block-based exceptions apply. If entitlement occurs once per block, the concession is fully exempt; if more than once in the block, full exemption is allowed only for the first concession and subsequent concessions are exempt only to the extent of the home-town fare, with any excess treated as a perquisite included in salary income.
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