To All
Please note Supreme court have given direction that NO NEED TO PROVIDE THE
PROOF FOR CLAIMING LTA. (Article came no Economic Times, Mumbai - 29.01.2009 -
Front Page)
If you don't have Copy of Economic Times Mumbai than please go to website of
Economic times and choose e-paper (29.01.2009)
Please go through it
Regards,
Arun
_________________________________> Date: Thu, 29 Jan 2009 01:26:03 -0800>
Subject: Re: Leave Travel Allowance> From: [email protected]> To:
[email protected]> > > To claim Exmpt LTA you must fulfil
the LTA Criteria as given u/s 10(5)> of the Income Tax Act.> > If travel is by
air it cannot exceed the Economy Air fare of the> NATIONAL Carrier.> > If
travel is by Rail then cannot exceed air-condition first class> fare.> >
Further exemption only allowed pertaining to the FARE and no other> charges
will be allowed.> > Cyrus> > > > On Jan 28, 12:10 pm, Kiran Takke
<[email protected]> wrote:> > Hi Friends....> >> > need your opinion on
below...> >> > I am getting LTA of Rs. 45,000.00 from my company.....i also
have the> > supporting for the same....> >> > I need to know can i claim entire
45,000.00 as exemption in the current> > FY.... as i have never claim LTA
before....or is there any limit on the> > claiming LTA.> >> > Thanks &
Regards,> > Kiran Takke>
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