I didnt claim the LTA last FY year & i got it in March's Salary .Is LTA deductable under section 10 from gross Salary ??
I didnt claim the LTA last FY year & i got it in March's Salary .Is LTA deductable under section 10 from gross Salary ??
If you did not traveled and did not claimed for LTA exemption, then LTA deduction won't be available to you. You will have to refer to your form-16 only.
If your employer has already considered it as taxable, it will be taxable only and deduction cannot be claimed while filing income tax return.