Travelled by Taxi will exempted under LTA or not?

Dear Sir I have traveled to Kullu Mananli by hiring private taxi and i paid for it a sum of Rs. 15,000/-. I am availing LTA Rs. 13304/- which is CTC. Will this amount exempted under income tax act or not? please help

asked Jan 10 '12 at 11:12 by snagraju 1111

You can claim private taxi expense for leave travel allowance. But maximum income tax exemption you will get is public transport fare (train/bus/airfare) between cities traveled.

answered Jan 10 '12 at 19:49 by Pankaj Batra 5.2k320


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Asked: Jan 10 '12 at 11:12

Seen: 3,464 times

Last updated: Jan 10 '12 at 19:49