LTA Exemption

Hello,

I wish to know where can i get the recent clause list for LTA exemption mentioning the complete details.

My company finance team member specifies that the travel has to begin from the same city where I am employed. As i am not a resisdent of the city of employment I wish to know and want the proof in terms of some official site link where it is mentioned that it is not mandatory that the journey start point has to be my city of employment within INDIA.

Regards Girish

asked May 13 '11 at 00:14 by natg9 1111


Please read the LTA rules on income tax website: http://www.incometaxindia.gov.in/publications/1_Compute_Your_Salary_Income/1_Income_from_salary.asp#LEAVE TRAVEL CONCESSION

It does not specify that travel has to begin from same city where employment is there. It means that there is no such rule.

answered May 13 '11 at 12:37 by pankaj 5.2k320

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Asked: May 13 '11 at 00:14

Seen: 1,579 times

Last updated: May 13 '11 at 12:38