Court Examines LTC Exemption u/s 10(5) for Foreign Travel; Employer Faulted for Not Deducting TDS.

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....Qualification for exemption u/s 10(5) - LTC paid to the employees involving foreign travel - TDS on the payment of LTC to the employees - Revenue has rightly held the assessee to be in default, as the assessee has not deducted TDS intentionally on the reimbursement of expenditure incurred on LTC/LFC. - AT....