LTA Claim and Tax Exemption: Can Employees Claim Twice in Their First Year?

A query regarding LTA Claim by employees. Background: LTA Claim period for calculation of leave is from January to December. Financial Period is from April to March. An employee who completes 1 year, say in September this year, can claim LTA 2 times as per the above conditions: the 1st claim between September and December, and the 2nd claim between January and March. For Income tax purposes, is he exempted for both claims? What are the current rules or practices usually followed...

In the scenario described, an employee who completes one year of service in September can indeed claim LTA twice based on the specified periods. From September to December, the employee can make the first claim, and from January to March, the second claim is permissible. Regarding income tax exemption, typically, both claims are eligible for exemption if the employee follows the prescribed rules and submits the required documentation. It's essential to adhere to the specific guidelines outlined by the Income Tax Department to ensure compliance and eligibility for tax exemption on LTA claims. For precise details and current rules, it is advisable to refer to the latest tax regulations or consult with a tax expert to navigate any recent updates or changes that may impact LTA claims and tax exemptions.