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      Income Tax

      Is it possible to claim LTA Twice in a Year u/s 10(5)?

      18 May, 2018

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      Manual - Exempted Income u/s 10 - Salary Specific

      No, an individual can claim two journeys in a block of four years, and can claim the LTA benefit just once in a year. Thus he cannot claim both the journeys in one year.

       

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