Leave Trave Allowance

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....eave Trave Allowance<br> Query (Issue) Started By: - Shyam Naik Dated:- 16-3-2016 Last Reply Date:- 18-3-2016 Income Tax<br>Got 4 Replies<br>Income Tax<br>Dear All, An employee is undertaking travel....

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..... The period of travel is 30/03/16 to 04/04/16. He has already paid for the Air Ticket & Lodging. Whether he is eligible for exemption of LTA during the year 2015-16. Thank you. Reply By Ganes....

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....han Kalyani: The Reply: In my view, Yes. However you should talk to your company HR department. Reply By KASTURI SETHI: The Reply: Sh.Ganeshan Kalyani Ji, Pl. note the period. Is there any change....

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.... in the Budget, 2016 on this issue ? Pl. confirm. Reply By KASTURI SETHI: The Reply: Normally in Income Tax notifications are effective prospectively ? Reply By Ganeshan Kalyani: The Reply: Sir, L....

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....TA can be claimed twice in a block of four years. Current block financial year is 2014 to 2017. Hence he should be able to claim the LTA. Thanks.<br> Discussion Forum - Knowledge Sharing ....