LTA Block Period 2014-17

[Aitha RajyaLakshmi]

What is meant by LTA block period and who will fix the block? How an Assessee shall get advantage of the Block period?

AI Summary

Understand the Leave Travel Allowance: Current Block Period, Usage Limits, and How to Maximize Benefits. A user inquired about the Leave Travel Allowance (LTA) block period, specifically what it entails, who determines it, and how an assessee can benefit from it. A respondent clarified that the current LTA block period is from 2014 to 2017 and mentioned that individuals can avail themselves of the LTA benefit twice within this four-year block.