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Suppose one gets LTA Rs. 6000 annually. He didn't claim it in first year of block period. Is it taxable in a first year?? In second year he made a trip and incurred Rs. !5,000 on rail tickets. Now on what amount he gets the exemption Rs. 6000 or Rs. 12000 (6000+6000)??
Kindly advise.

From India, Delhi
Hi, LTA exemption cannot exceed the amount paid by the company in that year. Warm Regards, Ca Vikas Goel
From India, Mumbai
LTA can be claimed for 2 years in a block years of 4. He can claim upto 12000/- as tax exempted
From India, Lucknow
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