TaxTMI 
TaxTMI 
What is meant by LTA block period and who will fix the block? How an Assessee shall get advantage of the Block period?
LTA Block Period 2014-17
08 Mar 2017 
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LTA block period allows two claims within the block, enabling an assessee to avail the tax-exempt travel benefit twice.
The current LTA block period is 2014-2017. Within that four-year block an assessee may avail the LTA benefit twice, subject to usual LTA claim conditions. (AI Summary)
The current LTA block period is 2014-2017. Within that four-year block an assessee may avail the LTA benefit twice, subject to usual LTA claim conditions. (AI Summary)