How to claim Leave Travel Allowance: Know eligibility, LTA rules, documents required and other key details
3. Individuals can claim LTA exemptions for a maximum of two journeys within a block of four calendar years. The current ...
Submit LTA proofs before March 31, 2025, to avoid risking tax notice when claiming LTA tax exemption in income tax return
A salaried employee opting for the old tax regime can claim an exemption for leave travel allowance under Section 10(5) of the Income Tax Act. LTA tax exemption cannot be claimed for foreign travel.
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Submit your Leave Travel Allowance claim before this date to save tax, check the deadline
allows salaried employees to claim tax exemptions on travel expenses within India. LTA can be claimed for a maximum of two journeys within a four-year block. Only transportation costs, such as ...